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
The following excerpt is from Sunshine Uniform Supply (1983) Ltd. v. Canada, 2000 CanLII 14943 (FC):
A somewhat similar point was made in Moloney v. The Queen, supra, at page 6571, where Hugessen J.A. upheld the trial judge"s conclusion that the taxpayer did not intend to carry on a business because it lacked the means or ability to market the product that was allegedly the object of the business.
"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
Is there any case law that supports the argument that a taxpayer's intention to get out of the construction business and redirect its activities to farming activities by 1985? (Canada (Federal), Canada)
Is there any case law that supports the argument that intent was not intended to prevent the construction of a residence? (Canada (Federal), Canada)
Are expenses that simply make the taxpayer available to the business considered business expenses? (Canada (Federal), Canada)
Is there any case law that supports the argument that the evidence supporting the allegation of aiding and abetting the possession of cocaine with the intent to distribute? (MultiRegion, United States of America)
Does a business's principal place of business constitute the sole residency of that business entity? (MultiRegion, United States of America)
What are the factors supporting the argument that section 926A of the Civil Rights Act creates an individual federal right to possess and carry a firearm? (MultiRegion, United States of America)
Is there any case law supporting the argument that alternative assessments are not scientific experiments? (Canada (Federal), Canada)
Does the Government have any case law that supports its argument that "the same analysis applies whether the witness is an expert or a lay witness"? (MultiRegion, United States of America)
What is the position of the two main parties in the House of Commons on the assumption that a Minister of State should be required to provide a statement of support to support a Ministerial assumption? (Canada (Federal), Canada)
What is the test for interpreting the meaning of an enactment in its ordinary grammatical meaning? (Canada (Federal), Canada)
