Précis: Ms. Connolly was assessed under subsection 160(1) for $76,884.17 in respect of cheques she received from her common-law partner, Mr. Wayne MacVicar, while he had a tax debt in the amount of no less than $76,884.17 in respect of his 2000 taxation year. The Tax Court reviewed the evidence and concluded that Ms. Connolly met the evidentiary onus of establishing that she had given consideration for the funds she received from Mr. MacVicar in the form of various loans and payments made by her in prior years. As a result her appeal was allowed with costs.
Connolly v. R. - TCC: Taxpayer met onus of showing no benefit on transfer from common-law spouseREAD MORE »