FCA Interprets Large Corporation Rules
The Federal Court of Appeal released its decision in the Bakorp Management case, a case concerning the large corporation rules in subsections 165(1.11) and 169(2.1) of the Income Tax Act (Canada). The court dismissed the taxpayer’s appeal. A copy of the Federal Court of Appeal’s decision is available online at: http://decisions.fca-caf.gc.ca/fca-caf/decisions/en/item/71215/index.do