The Kruco Case Archives

The Kruco Case

April 9, 2024
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
Tax Law

The Kruco case is a pivotal case in the determination of safe income available for a tax-free intercorporate dividend from a subsidiary to its parent company. The CRA’s inconsistent position on this has been interesting. I posed a question to…

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