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Federal Tax - Value

. Walby v. Canada [gifts]

In Walby v. Canada (Fed CA, 2025) the Federal Court of Appeal dismissed Tax Court appeals, here from MNR reassessments denying a claim for "charitable donation tax credits". The case considers several cases and ITA statutory provisions on this issue [eg. regarding 'gifts' and 'value'], though not lending themselves to convenient extraction [para 20-75].

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Last modified: 14-05-25
By: admin