Is allocation of shareholder benefits to a taxpayer’s shareholder justifiable where that benefitting taxpayer is a shareholder?

Canada (Federal), Canada

The following excerpt is from Lin v. The Queen, 2020 TCC 26 (CanLII):

Similarly, the allocation of shareholder benefits to a taxpayer’s shareholder is justifiable where that benefitting taxpayer is a shareholder: Rancourt v. HMQ, 2005 TCC 709.

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