The Resource The taxation of corporate reorganizations : income tax implications of utulizing bare trusts
The taxation of corporate reorganizations : income tax implications of utulizing bare trusts
Resource Information
The item The taxation of corporate reorganizations : income tax implications of utulizing bare trusts represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation.This item is available to borrow from 1 library branch.
Resource Information
The item The taxation of corporate reorganizations : income tax implications of utulizing bare trusts represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation.
This item is available to borrow from 1 library branch.
- Summary
- At the 1988 round table, Revenue Canada stated that where a bare trust exists under common law, subsections 104 (1), 104(2), and 75(2) of the Income Tax Act will apply. If correct, this would visit unintended and undesirable tax consequences on many common corporate reorganizations and commercial transactions. In this article the authors believe that bare trusts involve a mixed agency-trust relationship in which agency is usually pre-dominant. As such, bare trusts should generally be ignored for purposes of the Income Tax Act
- Label
- The taxation of corporate reorganizations : income tax implications of utulizing bare trusts
- Title
- The taxation of corporate reorganizations : income tax implications of utulizing bare trusts
- Summary
- At the 1988 round table, Revenue Canada stated that where a bare trust exists under common law, subsections 104 (1), 104(2), and 75(2) of the Income Tax Act will apply. If correct, this would visit unintended and undesirable tax consequences on many common corporate reorganizations and commercial transactions. In this article the authors believe that bare trusts involve a mixed agency-trust relationship in which agency is usually pre-dominant. As such, bare trusts should generally be ignored for purposes of the Income Tax Act
- Citation source
- In: Canadian tax journal = Revue fiscale canadienne. - Toronto. - Vol. 37 (1989),
- http://library.link/vocab/creatorName
-
- Ewens, D.S
- Wertschek, R
- Wilson, J.R
- Geographic coverage
- North America
- Language note
- English
- http://library.link/vocab/subjectName
-
- trust
- agency
- reorganization
- Label
- The taxation of corporate reorganizations : income tax implications of utulizing bare trusts
- Label
- The taxation of corporate reorganizations : income tax implications of utulizing bare trusts
Embed
Settings
Select options that apply then copy and paste the RDF/HTML data fragment to include in your application
Embed this data in a secure (HTTPS) page:
Layout options:
Include data citation:
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.ibfd.org/portal/The-taxation-of-corporate-reorganizations-/aRG4r0LYpqQ/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.ibfd.org/portal/The-taxation-of-corporate-reorganizations-/aRG4r0LYpqQ/">The taxation of corporate reorganizations : income tax implications of utulizing bare trusts</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.ibfd.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.ibfd.org/">International Bureau of Fiscal Documentation</a></span></span></span></span></div>
Note: Adjust the width and height settings defined in the RDF/HTML code fragment to best match your requirements
Preview
Cite Data - Experimental
Data Citation of the Item The taxation of corporate reorganizations : income tax implications of utulizing bare trusts
Copy and paste the following RDF/HTML data fragment to cite this resource
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.ibfd.org/portal/The-taxation-of-corporate-reorganizations-/aRG4r0LYpqQ/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.ibfd.org/portal/The-taxation-of-corporate-reorganizations-/aRG4r0LYpqQ/">The taxation of corporate reorganizations : income tax implications of utulizing bare trusts</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.ibfd.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.ibfd.org/">International Bureau of Fiscal Documentation</a></span></span></span></span></div>
