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FEDERAL INCOME TAX - Exemptions - Indians - Income situated on a reserve

Thursday, June 21, 2018 @ 9:51 AM  

Appeal by Bell from a Tax Court of Canada judgment finding that bonuses paid by Reel Steel were not exempt from taxation under s. 87 of the Indian Act. Reel Steel installed rebar for high rise residential construction towers. The appellant, a status Indian, owned 51 per cent of Reel Steel and served as its President and sole director. Her husband was not a status Indian. He owned the balance of the company and managed the construction project sites. The office of Reel Steel was located...