PC trouble

In Morisset c. La Reine, 2006 CCI 483 (French only), the CRA reassessed the taxpayer to include in his income amounts supposedly earned by his “professional corporation”. The taxpayer, at law, was not permitted to share the revenue derived from his professional practice with a corporation, and so the revenue really could only be earned by him. The Tax Court dimissed the taxpayer’s appeal.

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