The Supreme Court Redefines Taxable Consideration: Daishowa-Marubeni International Ltd. v. Canada
The Supreme Court's decision in Daishowa-Marubeni International Ltd. v. Canada, 2013 SCC 29, addressed the question of how much tax was owed by a forestry company on the sale of land with environmental reclamation obligations. It will be of considerable economic significance for all types of resource industries. This can be divined from the range […]