Fiducie Historia v. The King
The Tax Court allowed Fiducie Historia’s appeal, holding the trust allocations to a beneficiary were validly payable and deductible under s. 104(6) of the Income Tax Act.
- Deduction under s.104(6) ita
- Meaning of 'became payable' (s.104(24))
- Nullity under civil code of québec art.1275
- De facto trustee doctrine
- Delegation of trustee powers (art.1337 ccq)
- Standing to invoke nullity