CGA-CANADA ADVANCED PERSONAL & CORPORATE TAXATION [TX2] EXAMINATION December 2009 Marks Notes: 1. 2. 3. 4. This examination is based on the Canadian Income Tax Act (ITA) and its Regulations consolidated to July 2008.
Coupons not properly redeemed will be void and held. Reproduction of this coupon is expressly prohibited. (Any other use constitutes fraud.) Invoices proving purchase of sufficient stock within the past 90 days to cover coupons presented for redemption must be shown upon request. Mail to: CMS Dep’t 74999, Rug Doctor, 1 Fawcett Drive, Del Rio, TX 78840.
Your Rights Under State Law 10. Equifax Credit Score Section Description Summary of account activity Detailed account information Companies that have requested or viewed your credit information Bankruptcies, liens, garnishments and other judgments Personal data, addresses, employment history How to dispute information found on this credit report Summary of Your Rights Under the FCRA Remedying the Effects
Kelsey Hall Week 3 Case Study 10-7 Scenario A The client has indicated in their memo that the debt securities which have declined in fair value are not other-than-temporarily impaired and therefore the client does not intend to record an impairment loss in earnings. They have provided some applicable facts which support this decision and which are in accordance with the requirements outlined in the Codification: * They did not intend to sell the debt securities. Under ASC 320-10-35-33A, the intent to sell a debt security automatically creates an other-than-temporary impairment. * They determined that they would not likely be required to sell the securities before recovery of their amortized cost bases. This is the second requirement
Case Analysis: Manitoba Court of Appeal Gendis Inc. v. Richardson Oil & Gas Ltd. Instructor: Tim Fultz Canadian Business Law (28008 - 11 – 02) Analysis by: Paul Krawchuk Case Analysis: Manitoba Court of Appeal Gendis Inc. v. Richardson Oil & Gas Ltd. Docket: AI 99-30-04430, 2000 MBCA 33 R.A. Dewar, Q.C., and S.E. Field, for Appellant. J.M. Scurfield, Q.C., and V.L. Jackson, for Respondent.
Conclusion In this case the courts make it clear that there is absolutely no instance where documents related to a corporation or any person connected to the corporation would be able to rely upon the Fifth Amendment against self-incrimination. It is also clear that no person could appeal to the Fifth Amendment to try to avoid providing corporate documents that are in his or her possession even if providing the documents could possibly incriminate his or her own
I will not review or audit the financial statements and accordingly, will not express an opinion or any other form of assurance on them. The financial statements will not be accompanied by a
Our entire liability, and your exclusive remedy, for damages from any cause whatsoever, whether caused by any act, omission or negligence of ours, or any employee, representative, agent or contractor of ours, and regardless of the form of action, shall be limited to amounts actually paid by you for services hereunder. This limit does not apply to damages to tangible personal property or bodily injury legally caused by us. In no event will we be liable for damages caused by your acts, omissions or negligence, or for special, incidental, indirect, punitive or consequential damages, lost profits, loss of use of equipment, loss of memory or Data, cost of substitute equipment or other incidental or related costs even if we have been advised of possibility of such damages or costs, or for any claim against you by any third party. This limitation shall apply notwithstanding any failure or essential purpose of any limited
Sunoco is probably going to be held strictly liable for the clean-up costs, even though it appears that the leak occurred prior to his purchase of the property. However, as in White, where the present owner was able to sue a previous owner who had actually caused and contributed to the discharge, under §181(1) and §181(5) Mr. Sunoco may be able to apportion his liability. Although there is no definitive time frame as to when the leak occurred, the odds that it occurred the same day Mr. Sunoco purchased the gas station is astronomical. Therefore, it is likely that the USTs have been leaking since Mr. Tesoro was the owner, allowing Mr. Sunoco to sue Mr. Tesoro in strict liability for cleanup costs and damages to the community. Further, Mr. Sunoco may also be able to share liability and sue Lukoil, since Lukoil is the present operator of the gas station and further contributed to the USTs leaking by failing to properly reconcile the UST measurements and concealing this information from Mr.
Rebiya Kadeer is not a terrorist. The Dalai Lama is not an evil "splittest". Falun Gong is not an evil cult. China is not a democracy, and does not offer anything even the slightest bit like democracy, and it does not offer its people freedom of speech, freedom of religion, freedom of association, equal protection under the law, due process, justice, or even the most basic human rights. No matter how many Chinese Communist Party faithful or CCP toadies around the world repeat these lies, in official Beijing statements, on bulletin boards, in chat rooms, on websites in comments, no matter when or where, they are still