Summary
In Corner Brook Pulp and Paper Limited v The Queen, 2006 TCC 70 (CanLI1) (decided February 16, 2006), the Tax Court of Canada determined that when computing the fair market value of stock, issued by a wholly owned subsidiary to retire debt owed to its par ...
Corner Brook Pulp and Paper Limited v The Queen
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See Also
Related-Party Contract Disregarded in Valuation of Subsidiary
In Corner Brook Pulp and Paper Limited v The Queen, 2006 TCC 70 (CanLI1) (decided February 16, 2006), the Tax Court of Canada determined that when computing the fair market value of stock, issued by a wholly owned subsidiary to retire debt owed to its par ...