Peach v. Canada, 2022 FCA 163
| Jurisdiction | Federal Jurisdiction (Canada) |
| Court | Court of Appeal (Canada) |
| Date | 29 September 2022 |
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1 practice notes
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Introduction To Canada Tax System ' Reasonability Of Business Expenses
...under section 67 of the Income Tax Act (Canada). The recent decision from the Federal Court of Appeal (the "FCA") Peach v. Canada, 2022 FCA 163 illuminates what it means for an expense not to be reasonable, and rejects questioning a taxpayer's business judgment in this exercise. Mr. Peach......
1 firm's commentaries
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Introduction To Canada Tax System ' Reasonability Of Business Expenses
...under section 67 of the Income Tax Act (Canada). The recent decision from the Federal Court of Appeal (the "FCA") Peach v. Canada, 2022 FCA 163 illuminates what it means for an expense not to be reasonable, and rejects questioning a taxpayer's business judgment in this exercise. Mr. Peach......