- The Supreme Court of Canada has held that a corporate taxpayer structured a series of transactions in a manner that was abusive to certain provisions of the Income Tax Act.
- Although the law has changed since the transactions at issue were carried out, the Court's reasoning nonetheless remains relevant.
- This Alert summarizes the progression of the case through the courts and offers insights.
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On 26 May 2023, the Supreme Court of Canada (SCC) dismissed the taxpayer's appeal in Deans Knight Income Corp…
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