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06Feb

FCA Confirms that an Inducement is Taxable as a Restrictive Covenant Payment

Pangaea One Acquisition Holdings XII S.À.R.L. v. The Queen, 2020 FCA 21 - The Federal Court of Appeal has upheld the decision of the Tax Court of Canada (2018 TCC 158, Smith J.), confirming that a payment made to induce a party to sign a share...
By: Bennett Jones LLP
Source Url: https://www.jdsupra.com/legalnews/fca-confirms-that-an-inducement-is-74576/

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