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 ADDITIONAL..........................2
(.) limits the application of section by imposing certain  additional  conditions in order to 1290
 Additional  support can be found in the definition of specified shareholder in 1790
 
 ADDITIONALLY........................1
Subparagraph (.)(b)(ii) and paragraph .()(e) both provide,  additionally , that 552
 
 ADDRESS.............................3
In addition, subsection () does not  address  all of the income tax issues that can arise from 76
subparagraph (.)(b)(ii) should  address  this concern. 1412
positions. In doing so, the Department of Finance should be careful to  address  situations that 1618
 
 ADDRESSES...........................1
Waters undertakes a detailed analysis of the jurisprudence that  addresses  the nature of 166
 
 ADDRESSING..........................1
thereto. If this is so, the Department of Finance may wish to consider  addressing  this 1472
 
 ADJUDICATION........................1
 adjudication . However unenamoured one may be with the conduct of the testator in this case, I 686
 
 ADJUSTED............................1
difference between the fair market value of the interest and the greater of () its  adjusted  cost 1426
 
 ADMINISTRATIVE......................1
Bérou, Wardean Drilling and Olympia decisions as well as the CCRAs  administrative  1618
 
 ADMINISTRATIVELY....................1
cannot be so wide as not to form anything like a class so that the trust is  administratively  478
 
 ADMINISTRATOR.......................2
to exclude the situation where a person obtains nominal title (as agent, mandatary,  administrator  1530
 administrator  of property of others, etc. The nominal ownership concept is also relevant in 1660
 
 ADMITTEDLY..........................3
beneficial owner of the trust assets.  Admittedly , the application of this analytical framework is 732
()(a.) deemed disposition by the trust.  Admittedly , some tax revenues may be lost or, 1466
subsection .() for this valuation based approach,  admittedly  in a different context, which 1476
 
 ADOPT...............................5
Oosterhoff and Gillese seem to concur with Waters. They  adopt  a proprietary approach to 180
countries, there is an abuse of the convention, and Switzerland may  adopt  anti-abuse measures 1010
 adopt  a uniform and equitable approach at the national level for such transactions, whatever 1222
date as to the meaning of the term acquired, the appropriate solution may be to  adopt  a 1616
trust property. For these reasons, there is a need to  adopt  a more systematic approach to the 1684
 
 ADOPTING............................3
words,  adopting  Waters terminology, the default beneficiaries of a trust have a sufficiently 212
that arises is whether there is a basis for  adopting  a similar approach to interpreting or applying 696
could be preserved by  adopting  terminology that yields the same substantive effect. Highlighted 1282
 
 ADOPTS..............................1
Finally, the CCRA  adopts  the position that a power with a gift over to named heirs in default of 224
 
 ADVANCING...........................1
could be preserved while  advancing  the primary objective of harmonization to ensure that the 1696
 
 ADVANTAGE...........................1
beneficial ownership of property in order to take  advantage  of a rollover of property to a trust 1408
 
 ADVANTAGES..........................1
After all, when the  advantages  of a double taxation convention benefit the nationals of third 1008
 
 ADVERTISING.........................3
.  Advertising  Expenses 38
in a change in beneficial ownership. These terms are referred to in the context of  advertising  722
.  Advertising  Expenses 1650
 
 AFF.................................1
() DTC ,  aff g () DTC hereinafter Trans-Canada. Note 1724
 
 AFFILIATE...........................1
interest payments to a shareholder (or  affiliate  thereof) that resided in a non-treaty country (vis-964
 
 AFFORDED............................4
context, is uncertain. The rights  afforded  to discretionary beneficiaries individually differ from 456
those  afforded  discretionary beneficiaries as a class and this leads to confusion when analyzing 458
any rights against the assets of the trust. The only rights  afforded  to a beneficiary are personal 734
Brown, the potential appointee is not  afforded  any rights at the time the property is made 1550
 
 AFFORDS.............................1
Québec the same benefits that this concept  affords  the taxpayers in the common law provinces. 1158
 
 AGE.................................1
 age  would not be expected to result in a change in beneficial ownership of the property for the 1310
 
 AGENCY..............................1
Revenue  Agency  (the CCRA) has commented on what rights and obligations it considers to 276
 
 AGENT...............................9
only holds the property as an  agent , mandatary, trustee, or other legal representative who does 594
owner. However, when a person holds the property otherwise than as a mere  agent , mandatary, 596
acting as  agent  or nominee or the trust is a bare trust. Furthermore, absent sham or fraud, in 702
paid to a bare trust,  agent  or nominee must not be taken into account for the purposes of the 950
it is appropriate to consider an inserted party as a mere collection  agent .978
is not the beneficial owner. A nominee,  agent  or a trustee is under a legal obligation to transfer a 1032
to exclude the situation where a person obtains nominal title (as  agent , mandatary, administrator 1530
to deal with property as  agent  of the transferor throughout the period that begins at the time of 1572
ITA, and would include a person who holds title as an  agent , trustee, nominee, mandatary, 1658
 
 AGGREGATE...........................1
foreign share for share exchange. The  aggregate  fair market value of the Forco II shares 940
 
 AGGREGATED..........................1
be  aggregated  with the shares held by Aco and Bco, thereby rendering Opco connected with 846
 
 AGREE...............................2
Not all jurists  agree  with these conclusions. Catherine Brown states that outside a specific 220
subject to the power of appointment. Other authors  agree  with Brown that a potential 1550
 
 AGREEMENT...........................4
 agreement ) as a consequence of the debtors failure to pay an amount to the creditor. The rules 1040
of the  agreement  (or when stipulated in the agreement, as in Olympia), and possession is not 1190
of the agreement (or when stipulated in the  agreement , as in Olympia), and possession is not 1190
(d) a right as a member of a partnership under the terms of the partnership  agreement , 1326
 
 AGREEMENTS..........................1
conditional sales  agreements . In my view the foregoing is the proper test to determine the 1186
 
 AGREES..............................1
Justice (Chapter , p. ) and this author  agrees  with the view expressed by Me Bruneau. In 1366
 
 AID.................................1
Parliament enacted subsection () as an interpretative  aid  to promote harmonization of 1058
 
 AIKEN...............................7
First, there is the  Aiken  Industries, Inc. case, a decision of a U.S. Tax Court, that denied 962
The elasticity of the concepts employed by the Court in  Aiken  Industries and the manner in 980
In the  Aiken  Industries case, the Court considered it appropriate, in light of the blatant treaty 988
shares of the Dutch company. Similar to  Aiken  Industries, the Swiss authorities refused the 996
As in the case of  Aiken  Industries, the context in which this decision arose must be noted. 1004
 Aiken  Industries, Inc. v. Commissioner, TC ()hereinafter Aiken 1820
Aiken Industries, Inc. v. Commissioner, TC ()hereinafter  Aiken  1820
 
 AIMED...............................1
and spirit of the law and because the transactions envisaged by the deceased were  aimed  at 662
 
 AIMS................................1
The harmonization project implemented by the Minister of Justice of Canada  aims  to ensure that 80
 
 AL..................................1
 al , S.C.R. , C.T.C. . underscore added 660
 
 ALBEIT..............................1
While the subparagraph ()(f)(iii) deeming rule may seem to alleviate,  albeit  in a somewhat 362
 
 ALBERTA.............................1
The Wardean Drilling case, which was subject to the laws of the Province of  Alberta , 1174
 
 ALIA................................7
beneficial ownership is used in the ITA in a variety of contexts, including, inter  alia , 48
Subsection () was enacted with a view to harmonizing, inter  alia , the treatment of 68
Property may be transferred to a trust on a rollover basis if, inter  alia , the transfer does not 520
will not qualify as a Canadian newspaper where, inter  alia , the right to produce and publish 582
ownership requirement in subparagraph (.)(b)(ii) thus reflects, inter  alia , a tax policy 1354
inter  alia , specifically defining the attributes of ownership, such as possession, use and risk, and 1688
See, inter  alia , Canadas treaties with France, Germany, the UK, Brazil, China, 1818
 
 ALIENATED...........................1
has a right to recover wrongly  alienated  or misappropriated trust property. Waters is of the 158
 
 ALLARD..............................1
M.-P.  ALLARD , Effet rétroactif des obligations conditionelles en droit fiscal 1848
 
 ALLEVIATE...........................1
While the subparagraph ()(f)(iii) deeming rule may seem to  alleviate , albeit in a somewhat 362
 
 ALLOW...............................5
by the person. This latter category appears to be intended to  allow , through the interaction with 740
payment. There were sufficient indicators to  allow  the Court to conclude that the Luxembourg 1000
the settlor retains a general power to appoint in his or her will was to  allow  for subsection () 1328
conditions enumerated in that subsection. Subsection .() is designed to  allow , in certain 1482
property. A definition of acquired or acquisition could be developed that would  allow  all 1626
 
 ALLOWANCE...........................4
purchase of the trucks instead of a lease. It therefore claimed capital cost  allowance  and 1126
for the purpose of claiming capital cost  allowance  and investment tax credits and deducting the 1132
regard to capital cost  allowance  provisions of the ITA. As long as ownership or the normal 1168
for the purposes of claiming capital cost  allowance , the taxpayer had acquired equipment in the 1176
 
 ALLOWED.............................1
and commercial transactions. In operational terms, it also  allowed  Revenue Canada to plan and 1222
 
 ALLOWING............................1
However, a careful reading of this case indicates that the Court was intent on not  allowing  an 968

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