The Supreme Tax Court has held that no provision for the costs of following an official demand may be made until the deadline for complying with that demand has passed. Continue reading
Tax & Legal
The Supreme Tax Court has held that the costs to be taken into account in calculating the provision for future record retention costs can include an interest allocation in respect of the financing costs of the facilities used. Continue reading
The Supreme Tax Court has confirmed the validity of an Income Tax Act provision requiring that restoration and rebuilding provisions be discounted.