Archives - juillet 2015

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  Gutbucket Inc. v. R. - TCC: Book collecting a hobby of shareholder - no entitlement to ITCs

  14 juillet 2015 By Bill Innes

  catégories:

  • Bill Innes on Current Tax Cases
  • Commodity Tax

  Précis: The taxpayer claimed ITCs for 2007, 2008 and 2009 totalling $2,555.87 on expenses associated with two residential properties it owned in Guelph and Waterloo, Ontario. The principal of the taxpayer, Mr. Sobara, testified that the condominium in Waterloo was used to store a rare book collection that he had been assembling.
  Gutbucket Inc. v. R. - TCC: Book collecting a hobby of shareholder - no entitlement to ITCsPlus >
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  Montemarano v. R. - TCC: House sold after relationship breakup - entitled to New Housing Rebates

  10 juillet 2015 By Bill Innes

  catégories:

  • Bill Innes on Current Tax Cases
  • Personal Tax, Estate & Wealth Planning

  Précis: The point at issue in this decision was whether the taxpayer had purchased a home for use as his primary residence and was therefore entitled to the federal and Ontario New Housing Rebates he claimed.
  Montemarano v. R. - TCC: House sold after relationship breakup - entitled to New Housing RebatesPlus >