Is there any consideration as to whether capital gains tax on the auto business, Orient, will ever crystallise because it might never crystallise?

British Columbia, Canada


The following excerpt is from Mohajeriko v. Gandomi, 2009 BCSC 393 (CanLII):

Here, as in Rick v. Brandsema, there is only speculation as to whether capital gains tax on the auto business, Orient, will ever crystallise because it might never be sold. This “contingent liability” is thus fundamentally different in character from the contingent tax liability attaching to the tax shelters in Stein.

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