Précis: Although this case involves very detailed refusal issues it boils down to whether the corporate taxpayer can be forced to answer questions about a non-majority, but major, shareholder who is alleged in the Crown’s Reply to be its controlling mind. The central issue in the case is whether the corporate taxpayer was in the business of building and selling retirement homes, as was alleged by the Crown, or whether it held the homes as capital property.
1716790 Ontario Inc. v. R. - TCC: Corporate taxpayer must answer questions about a major ownerREAD MORE »