Quirinus C. Van Dongen v. Her Majesty The Queen, 90 DTC 6633, [1991] 1 CTC 86 (FCTD) -- summary under Business

By services, 28 November, 2015

In finding that the taxpayer did not acquire two real estate properties in connection with an adventure in the nature of trade, Cullen J. stated (p. 6635):

"An adventure in the nature of trade involves an isolated transaction only ... However, the isolated nature of the transaction by itself is not enough to conclude that it is an adventure in the nature of trade."

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Tagline
adventure involves isolated activity
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
337114
Extra import data
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