Précis: The appellant claimed investment tax credits (ITCs) in respect of HST paid by SVO-Phase Two Management Inc. (SVO) during the Appellant’s reporting period from April 1, 2013 to June 30, 2013 on the basis that SVO acted as its agent in paying the HST in question. CRA denied the ITC claim and the appellant appealed to the Tax Court. The Tax Court accepted the appellant’s evidence the SVO acted as its agent during the period in question and allowed the appeal. There was no order as to costs since this was an informal procedure appeal.
572256 Ontario v. R. - TCC: Taxpayer entitled to ITCs on expenses incurred by its agentREAD MORE »