Consideration received by the taxpayer for giving a non-compete covenant on the sale of shares of companies owned by him directly or through holding companies was found to be a non-taxable capital receipt.
Topics and taglines
Tagline
non-taxable non-compete
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
339447
Extra import data
{
"field_legacy_header": "<strong><em>Manrell v. The Queen</em></strong>, 2003 DTC 5225, 2003 FCA 128 <strong>[non-taxable non-compete]</strong>",
"field_override_history": false,
"field_sid": "",
"field_topic_category": ""
}
"field_legacy_header": "<strong><em>Manrell v. The Queen</em></strong>, 2003 DTC 5225, 2003 FCA 128 <strong>[non-taxable non-compete]</strong>",
"field_override_history": false,
"field_sid": "",
"field_topic_category": ""
}