TITLE

Reasonable expectation of profit

AUTHOR(S)
Starkman, Paul; McMullen, Dianne
PUB. DATE
January 1997
SOURCE
CA Magazine;Jan/Feb97, Vol. 130 Issue 1, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discusses the implications for the taxation of real estate investors of the ruling by the Supreme Court of Canada in the case of `Tonn v. The Queen.' Application of the reasonable expectation of profit test; Criteria for the determination of reasonable expectation of profit; Restriction of the application of the Moldowan decision; Re-evaluation by Revenue Canada of its reassessment cases.
ACCESSION #
94950

 

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