Mcclurg v. Canada, [1990] 3 SCR 1020
| Jurisdiction | Federal Jurisdiction (Canada) |
| Judge | Dickson, Robert George Brian; Wilson, Bertha; La Forest, Gérard V.; L'Heureux-Dubé, Claire; Sopinka, John; Gonthier, Charles Doherty; Cory, Peter deCarteret |
| Date | 20 December 1990 |
| Citation | [1990] 3 SCR 1020,[1991] 2 WWR 244,[1990] SCJ No 134 (QL),24 ACWS (3d) 566,49 FTR 80,50 BLR 161,45 DTC 5001,[1991] 1 CTC 169,76 DLR (4th) 217,1990 CanLII 28 (SCC) |
| Docket Number | 20751 |
| Court | Supreme Court (Canada) |
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13 practice notes
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Table of Cases
... (2001), 307 AR 1 , [2002] 5 WWR 388 , 2001 ABQB 917 .................................................. 236, 383 McClurg v Canada, [1990] 3 SCR 1020, 76 DLR (4th) 217 , [1990] SCJ No 134 ................................................................249, 253, 254, 255 McCormick v Fas......
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Table of Cases
...McBoyle v US, 283 US 25 (1931) .......................................................................... 35 McClurg v Canada (1990), [1990] 3 SCR 1020, [1991] 1 CTC 169 , 91 DTC 5001 , aff’g (1997), [1988] 2 FC 356 , [1988] 1 CTC 75 , 88 DTC 6047 (FCA) ...................................
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Grenon v. The Queen, 2021 TCC 30
...benefit or for his own benefit.” [406] In the Supreme Court of Canada decision of McClurg v. Minister of National Revenue (1990) 3 S.C.R. 1020 (“McClurg”), discretionary dividends had been declared on a class of shares held by the spouses of two directors but not on the......
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Shares
...on the CBCA follow this model. E.g., OBCA , s 102(1); and ABCA , s 139. The BCBCA has a similar rule (s 173). 7 McClurg v Canada , [1990] 3 SCR 1020; Muljo v Sunwest Projects Ltd (1991), 60 BCLR (2d) 343 (CA). Gray suggests that the requirement in CBCA , s 24(4) to state the “rights, privil......
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6 cases
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Grenon v. The Queen, 2021 TCC 30
...benefit or for his own benefit.” [406] In the Supreme Court of Canada decision of McClurg v. Minister of National Revenue (1990) 3 S.C.R. 1020 (“McClurg”), discretionary dividends had been declared on a class of shares held by the spouses of two directors but not on the......
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Echo Bay Mines Ltd. c. Canada (1re inst.),
...3 D.L.R. 641 ; [1949] CTC 196 . DÉCISION APPLIQUÉE: McClurg c. Canada, [1990] 3 R.C.S. 1020 ; (1990), 76 D.L.R. (4th) 217; [1991] 2 W.W.R. 244; [1991] 1 C.T.C. 169; 91 DTC 5001 ; 119 N.R. 101 . DISTINCTION FAITE AVEC: R. c. Marsh & McLennan, Limited, [1984] 1 C.F. 609 ; ......
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Canada c. Kieboom (C.A.),
...87 DTC 5059; 25 E.T.R. 13; 71 N.R. 134. DISTINCTION FAITE AVEC: McClurg c. Canada, [1990] 3 R.C.S. 1020; (1990), 76 D.L.R. (4th) 217; [1991] 2 W.W.R. 244; [1991] 1 C.T.C. 169; 91 DTC 5001; 119 N.R. 101. DOCTRINE Revenu Canada—Impôt. Bulletin d'interprétation n°&ap......
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Malik v. State Petroleum Corp. et al., [2007] B.C.T.C. Uned. 414 (SC)
...company is limited to the shares held by the shareholder in the company. In this regard, La Forest J. stated in McClurg v. Canada (1990), 76 D.L.R. (4th) 217: The independent legal existence of the corporation means that, while the shareholder remains a proportionate owner of the corporatio......
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2 firm's commentaries
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Shareholder Liability For Corporate Tax
...Court of Canada, referring with approval to the dissenting reasons of La Forest J. in McClurg v. Canada, [1990] S.C.J. No. 134 , [1990] 3 S.C.R. 1020 (S.C.C.), confirmed that no consideration can be given for the payment of a a dividend is received by virtue of ownership of the capital sto......
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The Income-Diversion Rules: Section 56 Of The Income Tax ActA Canadian Tax Lawyer's Analysis
...actually directly receive it. Subsection 56(2) doesn't apply to preferential dividend declarations. For instance, in R v McClurg, [1990] 3 SCR 1020, a closely held corporation had four shareholders: the taxpayer, his business partner, and each of their wives. The husbands held one class of ......
5 books & journal articles
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Table of Cases
... (2001), 307 AR 1 , [2002] 5 WWR 388 , 2001 ABQB 917 .................................................. 236, 383 McClurg v Canada, [1990] 3 SCR 1020, 76 DLR (4th) 217 , [1990] SCJ No 134 ................................................................249, 253, 254, 255 McCormick v Fas......
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Table of Cases
...McBoyle v US, 283 US 25 (1931) .......................................................................... 35 McClurg v Canada (1990), [1990] 3 SCR 1020, [1991] 1 CTC 169 , 91 DTC 5001 , aff’g (1997), [1988] 2 FC 356 , [1988] 1 CTC 75 , 88 DTC 6047 (FCA) ...................................
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Shares
...on the CBCA follow this model. E.g., OBCA , s 102(1); and ABCA , s 139. The BCBCA has a similar rule (s 173). 7 McClurg v Canada , [1990] 3 SCR 1020; Muljo v Sunwest Projects Ltd (1991), 60 BCLR (2d) 343 (CA). Gray suggests that the requirement in CBCA , s 24(4) to state the “rights, privil......
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Whose Income Is It?
...see also Interpretation Bulletin IT-335R2, “Indirect Payments” (14 July 2004). 7 Ibid . 8 Neuman , above note 3; McClurg v Canada , [1990] 3 SCR 1020 (income not attributed to director of corporation for participating in declaration of corporate dividend); Boardman v Canada , [1986] 1 CTC 1......
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