In De Santis v. The Queen, 2015 TCC 95 (CanLII) CRA challenged the valuation of wine. In this case the Tax Court of Canada sided with the donor as the CRA had not introduced evidence to rebut the evidence of the donor.
“The burden of proof having thus shifted, it was the respondent’s turn to establish by the preponderance of the evidence that the Minister’s assessments were well-founded. In this case, the respondent filed no evidence and was unable to raise the smallest doubt about the credibility of the appellant’s testimony. Therefore, the appellant appears to be entitled to succeed in this appeal.” The case has an interesting discussion about the valuation of wine.
You can read the case at De Santis v. The Queen, 2015 TCC 95 (CanLII)
Related Posts
July 29, 2021
Blumbergs’ Submission for the Pre-Budget Consultations for the Canadian Federal Budget 2022 with a focus on Transparency and Accountability in the Non-profit and Charity Sector
Here is the Blumbergs' Submission to the House of Commons Standing Committee on Finance for the Pre-Budget Consultations in Advance of the Upcoming…
July 29, 2021
“Confidence in charity leaders has fallen sharply over the last two decades – what does that mean for the sector?”
In this excellent article by Steven Ayer, he writes that confidence in the charity sector has fallen considerably over the last two decades. The…
July 29, 2021
Grantmaking in Canada can be improved immensely but eliminating structured arrangements is dangerous and a red herring to the real problems with our sector
With respect to a recent bill passed by the Senate, but not the House of Commons, relating to structured arrangements/direction and control we have…