The Resource Canada Revenue's newest weapon - paragraph 95(6)(b)

Canada Revenue's newest weapon - paragraph 95(6)(b)

Label
Canada Revenue's newest weapon - paragraph 95(6)(b)
Title
Canada Revenue's newest weapon - paragraph 95(6)(b)
Creator
Subject
Language
eng
Summary
The authors disagree with how the Canada Revenue Agency (CRA) has adopted a broad interpretation of paragraph 95(6)(b) of the Income Tax Act. The CRA has said that when the acquisition of shares is part of a series of transactions and the overall purpose of the series of transactions is "to avoid, reduce or defer the payment of tax or any other amount that would otherwise be payable under" the act, it may find that the principal purpose of the acquisition of shares is the same as that overall purpose
Citation source
In: Tax notes international. - Arlington. - Vol. 46 (2007),
http://library.link/vocab/creatorName
  • Bernstein, J
  • Worndl, B.J
Geographic coverage
North America
Language note
English
http://library.link/vocab/subjectName
  • income tax law
  • investment
Label
Canada Revenue's newest weapon - paragraph 95(6)(b)
Instantiates
Publication
Label
Canada Revenue's newest weapon - paragraph 95(6)(b)
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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