Concept
Partnership Adjustments
Deyab v. Canada, 2020 FCA 222 / CRA restricts taxpayer requests to revise permissive deductions
"At the partnership level, adjustments will only be considered if all members of the partnership meet the conditions set out in the Circular, and all partners' tax returns remain open to reassessment.\n\nNeal Armstrong. Summaries of Information Circular IC75-7R4 Taxpayer Requested Adjustments, September 9, 2025 under s. 152(4) and s. 152(1.1), h/t Adam Friedlan."
Related Ideas
- Permissive DeductionsDeyab v. Canada, 2020 FCA 222 · CRA restricts taxpayer requests to revise permissive deductions
- Reassessment RequirementsDeyab v. Canada, 2020 FCA 222 · (2) Gross Negligence Penalties versus Reassessing a Statute-barred Year
- Statute-barred YearsDeyab v. Canada, 2020 FCA 222 · II. Decision of the Tax Court
- Distinct RequirementsDeyab v. Canada, 2020 FCA 222 · (1) The Decisions of this Court and the Tax Court in Lacroix
- Gross NegligenceDeyab v. Canada, 2020 FCA 222 · II. Decision of the Tax Court
- Deyab ComparisonDeyab v. Canada, 2020 FCA 222 · (1) The Decisions of this Court and the Tax Court in Lacroix
- Tax CourtDeyab v. Canada, 2020 FCA 222 · C. The Application of Lacroix
- ReassessmentsDeyab v. Canada, 2020 FCA 222 · Case tabs