Canadian taxation of partnerships and corporations

2007·0.12 MB·English

by  Duff, David, 1959-

UNIVERSITY OF
Tn TORONTO
-00 FACULTY OF LAW
Y
R
RA "LD
LIB =<CDO
W -CD
A
L "O
N "CD
KI -O
S
A
A L -CD Canadian
R
O
B
CO
Taxation of Partnerships
and Corporations
Volume II
(Corporate Income)
David G. Duff
Faculty of Law
University of Toronto
Storage
2007
KE
5878
.A7D84
2007
Digitized by the Internet Archive
in 2018 with funding from
University of Toronto
ri j
https://archive.org/details/canadiantaxation02duff_0
Table of Contents
Chapter 5
Introduction to the Corporate Income Tax 192
1. Corporate Income Tax Rates 194
2. Corporate Distributions 198
(1) Taxable Dividends Received by Resident Individuals 199
(2) Capital Dividends 203
(3) Inter-corporate Dividends 212
(4) Dividend Refund to Private Corporations 219
Chapter 6
Small Business Deduction 221
1. Introduction 221
2. Canadian-Controlled Private Corporation 223
3. Business Limit and Associated Corporations 249
(1) Business Limit 249
(2) Associated Corporations 255
(a) De Facto Control 275
(b) Anti-Avoidance Rule 290
4. Income or Loss from an Active Business 298
(1) Active Business 299
(2) Specified Investment Business 310
(3) Income Pertaining to or Incident to Active Business or from
Property Used or Held Principally for the Purpose of Gaining or
Producing Income from an Active Business 317
Chapter 7
Investment Income of Private Corporations 331
i