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Amounts Disputed

Amounts Disputed (Fuscalite · I. Background) — "At the Tax Court hearing, the parties agreed that certain adjustments should be made to the amounts included in…

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Agreed reassessment adjustments and amounts remaining in dispute
At the Tax Court hearing, the parties agreed that certain adjustments should be made to the reassessments.
Agreed adjustments and revised reassessment amounts by taxation year
2007: $103,837 reassessed, reduced by $82,501, leaving $21,336.
2008: $232,212 reassessed, reduced by $113,200, leaving $119,012.
2009: $212,867 reassessed, reduced by $115,858, leaving $97,009.
2010: $2,199,746 reassessed, reduced by $167,035, leaving $2,032,711.
2011: $115,547 reassessed, reduced by $11,308, leaving $104,239.
The total revised reassessment amount was $2,374,307.
Mr. Deyab conceded that he no longer disputed the inclusion of $24,528 in his 2011 income for personal expenses paid by M.D. Consulting.
Amounts remaining in issue before the Tax Court and this Court
The amounts remaining in dispute were $21,336 for 2007, $119,012 for 2008, $97,009 for 2009, $2,032,711 for 2010, and $79,711 for 2011.
The total amount remaining in dispute was $2,349,779.
All remaining disputed amounts were transferred from M.D. Consulting's account to the personal accounts of Mr. Deyab and his immediate family members.

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Amounts Disputed

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"At the Tax Court hearing, the parties agreed that certain adjustments should be made to the amounts included in the reassessments. The following table sets out the amounts included in the reassessments that were issued, the adjustments agreed upon, and the revised amounts that would be reflected in revised reassessments to reflect these agreed upon amounts:\n\nTaxation Year\n\nAmount Reassessed\n\nAdjustment\n\nRevised Amount\n\n2007\n\n$103,837\n\n($82,501)\n\n$21,336\n\n2008\n\n$232,212\n\n($113,200)\n\n$119,012\n\n2009\n\n$212,867\n\n($115,858)\n\n$97,009\n\n2010\n\n$2,199,746\n\n($167,035)\n\n$2,032,711\n\n2011\n\n$115,547\n\n($11,308)\n\n$104,239\n\nTotal:\n\n[BLANK]\n\n[BLANK]\n\n$2,374,307\n\nIn addition, Mr. Deyab conceded that he was no longer disputing the inclusion of $24,528 in his income for 2011 related to personal expenses that were paid by M.D. Consulting. As a result, the following amounts that were included in Mr. Deyab’s income remained in issue before the Tax Court and this Court:\n\nTaxation Year\n\nAmount in Dispute\n\n2007\n\n$21,336\n\n2008\n\n$119,012\n\n2009\n\n$97,009\n\n2010\n\n$2,032,711\n\n2011\n\n$79,711\n\nTotal:\n\n$2,349,779\n\nAll of the remaining amounts in dispute were amounts that were transferred from the account of M.D. Consulting to the personal accounts of Mr. Deyab and the members of his immediate family."

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