Cases
Highway Sawmills Limited v. Minister of National Revenue, 66 DTC 5116, [1966] CTC 150, [1966] S.C.R. 384
Cartwright J. found that "the phrase 'timber limits' describes a parcel of land with merchantable timber standing upon it" (p. 5120), rather than...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Statutory Interpretation - Scheme | 114 |
Administrative Policy
21 May 2014 External T.I. 2014-0528021E5 - Classification of Timber Limits
Standing timber is harvested and the land is subsequently disposed of at a gain. CRA stated:
Generally a right not categorized as a "timber...
4 August 1995 External T.I. 9513565 - DEPLETION ALLOWANCE ON U.S. TIMBER PROPERTY
There is no requirement in Regulation 1100(1)(e) and Schedule VI that a timber limit be located in Canada.
Section 1
Paragraph 1(a)
Subparagraph 1(a)(i)
Administrative Policy
1 September 1999 External T.I. 9901805 F - CONCESSION FORESTIERE
In the context of various private woodlots having had a large number of trees damaged in the January 1998 ice storm, so that it was highly...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Regulations - Schedules - Schedule VI - Section 5 | merchantable timber refers to marketable trees | 111 |
| Tax Topics - Income Tax Regulations - Schedules - Schedule VI - Section 2 - Paragraph 2(b) | timber that is measured is merchantable timber | 44 |
Section 2
Paragraph 2(b)
Administrative Policy
1 September 1999 External T.I. 9901805 F - CONCESSION FORESTIERE
The “quantity of timber in the limit” referred to in s. 2(b) referred to merchantable timber, (i.e., marketable trees), whose quantity was to...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Regulations - Schedules - Schedule VI - Section 5 | merchantable timber refers to marketable trees | 111 |
| Tax Topics - Income Tax Regulations - Schedules - Schedule VI - Section 1 - Paragraph 1(a) - Subparagraph 1(a)(i) | only timber from cut trees that will eventually be sold is taken into account | 105 |
Section 5
Administrative Policy
1 September 1999 External T.I. 9901805 F - CONCESSION FORESTIERE
In the context of various private woodlots having had a large number of trees damaged in the January 1998 ice storm, so that it was highly...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Regulations - Schedules - Schedule VI - Section 1 - Paragraph 1(a) - Subparagraph 1(a)(i) | only timber from cut trees that will eventually be sold is taken into account | 105 |
| Tax Topics - Income Tax Regulations - Schedules - Schedule VI - Section 2 - Paragraph 2(b) | timber that is measured is merchantable timber | 44 |