| Case name: |
Loukras v. Canada (Minister of National Revenue) |
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| Jurisdiction: |
Canada - Federal |
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| Court: |
Tax Court of Canada |
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| Parties: |
Name |
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Appearing as |
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Loukras, Chris L. |
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Applicant |
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Canada (Minister of National Revenue) |
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Respondent |
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| Before: |
Decision maker |
Designation |
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Sarchuk, A.A. |
T.C.J. |
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| Lawyers: |
Name |
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Appearing for |
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Vowinckel, Thomas |
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Appellant |
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Olsson, L. |
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Respondent |
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| Decision: |
Appeal by a taxpayer from a determination by the Minister of an amount of income tax payable on a compensation award received by the taxpayer following an expropriation conducted pursuant to the Expropriation Act, R.S.C. 1970, 1st Supp., c. 16. On the appeal the court was required to consider the date on which the compensation payment was deemed to have been received. It was held that the compensation payment was deemed to have been received in the tax year in which the amount of compensation payable was finally determined in the expropriation proceeding. The appeal was allowed and the matter referred back to the Minister for reconsideration. |
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| ExLaw citation: |
[1990] EXLAW 28 |
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| Parallel citations: |
[1990] 2 C.T.C. 2044 |
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(1990) 90 D.T.C. 1557 |
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[1990] T.C.J. No. 427 |
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