Farm Tax Appeal Board

Tax Appeal Commission

income tax appeal board | Tax Appeal Board

An alternative that Richard Bird and I have suggested in the past, which this California commission has adopted in their recommendations, is to consider what I call a " business value tax" .

(1.3) For greater certainty, where the Minister makes a determination of the amount of a taxpayer’s non-capital loss, net capital loss, restricted farm loss, farm loss or limited partnership loss for a taxation year or makes a determination under subsection 152(1.11) with respect to a taxpayer, the determination is (subject to the taxpayer’s rights of objection and appeal in respect of the determination and to any redetermination by the Minister) binding on both the Minister and the taxpayer for the purpose of calculating the income, taxable income or taxable income earned in Canada of, tax or other amount payable by, or amount refundabl ...[+++]e to, the taxpayer, as the case may be, for any taxation year.

Whereas, pursuant to subsection 22(3)Footnote of the Tax Court of Canada Act, the rules committee of the Tax Court of Canada published a notice of the proposed revocation of the Pension Appeals Board Rules of Procedure (Contributions and Coverage), C.R.C., c. 389, except in respect of any appeals or proceedings instituted before January 1, 1991, and a copy of the proposed Tax Court of Canada Rules of Procedure respecting the Canada Pension Plan, substantially in the form annexed hereto, in the Canada Gazette Part I on April 21, 1990, ...[+++]and invited any interested person to make representations to the rules committee with respect thereto;

Despite remaining uncertainties, based on the outlook for agricultural commodities established by several organisations, including the latest Commission medium term projections, three conclusions are clear for agricultural commodities: