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Supreme Court of Canada tax cases

Seeded tax cases from the Supreme Court of Canada in Canada.

Country

Canada

Court

Supreme Court of Canada

Cases

7

2005

Canada Trustco Mortgage Co. v. Canada

[2005] 2 SCR 601

The GAAR analysis under Section 245 requires three elements: a tax benefit, an avoidance transaction, and misuse or abuse having regard to the object, spirit, and purpose of the relevant provisions.

2001

Singleton v. Canada

[2001] 2 SCR 1046

Direct and current use of borrowed money for an income-producing purpose is sufficient for interest deductibility even where the borrowing facilitates a personal use of separate funds.

1994

Canada v Antosko

[1994] 2 SCR 312

Where the words of the Income Tax Act are clear and unambiguous, they must be applied according to their ordinary meaning even if the resulting tax consequences appear anomalous or unintended.

1993

Friedberg v Canada

[1993] 4 SCR 285

A taxpayer's choice of accounting method for commodity futures straddles must be accepted for tax purposes if it provides an accurate picture of income, even though the method results in significant tax deferral.

1993

Symes v. Canada

[1993] 4 SCR 695

Childcare expenses incurred by a self-employed lawyer to allow her to practice were not generally deductible as ordinary business expenses but were eligible only to the extent provided by the childcare expense deduction.

1987

Bronfman Trust v. The Queen

[1987] 1 SCR 32

Interest on borrowed money is deductible only when the direct and current use of the borrowed money is to earn income from a business or property.

1984

Stubart Investments Ltd. v. The Queen

[1984] 1 SCR 536

Bona fide transactions undertaken for genuine business reasons will generally be respected for tax purposes, even where tax considerations also motivated the structure.

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.