What is the test for proof that expenditures are incurred for the purpose of producing income from a business within the meaning of the Income Tax Act?
Canada (Federal), Canada
The following excerpt is from Sunshine Uniform Supply (1983) Ltd. v. Canada, 2000 CanLII 14943 (FC):
Finally, in Symes v. Canada, 1993 CanLII 55 (SCC), [1993] 4 S.C.R. 695, 736, Iacobucci J. said this in respect of proof that expenditures were incurred for the purpose of producing income from a business within the meaning of the Income Tax Act, paragraph 18(1)(a): (c) application of the test 1. Documentary evidence
"The most advanced legal research software ever built."
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.
Other Questions
Can a business be considered a profit for purposes of reducing the amount of income tax that would otherwise be payable? (Canada (Federal), Canada)
Is a landlord entitled to claim loss of income from his rental business for the purposes of accommodating his son's girlfriend, her friends or relatives? (Canada (Federal), Canada)
Are expenses incurred by a self-employed person in travelling to and from work for the purpose of earning income? (Canada (Federal), Canada)
Does a business's principal place of business constitute the sole residency of that business entity? (MultiRegion, United States of America)
Is a person enrolled in a full-time university course not available for work within the meaning of EI? (Canada (Federal), Canada)
What is the test for interpreting the meaning of an enactment in its ordinary grammatical meaning? (Canada (Federal), Canada)
Is there any case law supporting the argument that a taxpayer does not intend to carry on a business because it does not have the means or ability to market the product? (Canada (Federal), Canada)
What is the test for determining whether a business purpose is sufficiently compelling to override discrimination? (MultiRegion, United States of America)
What is the case law on net worth assessments for income under the Income Tax Code? (Canada (Federal), Canada)
Can an individual be found to have committed crimes within the meaning of international criminal law: international crimes? (Canada (Federal), Canada)
