Précis: The appellant was living in an apartment owned by a registered charity. He personaly paid for $20,000 in renovations to the apartment. The charity gave him two cheques, each for $10,000 to reimburse his renovation costs. He endorsed one of the cheques back to the charity for which he was issued a $10,000 donation receipt. The receipt was disallowed and he appealed to the Tax Court.
Duguay v. R. - TCC: Donation to charity in exchange for lower rent not a true giftREAD MORE »