TAXATION OF INCOME TRUSTS IN CANADA: EFFECTS ON STRUCTURE‚ CONDUCT AND PERFORMANCE P. L. ARYA Abstract: Income trust as a business structure became increasingly popular in Canada since 2003. Income trust structure gave companies advantage of shifting their tax burden on to the investor. The investor‚ on the other hand‚ received steady and higher than the market rate of return on invested capital and also received capital gains in the form of ‘return of capital’. When large Canadian corporations
Premium Taxation Tax
Question i. Knight v Knight set out three requirements for a valid trust. To satisfy the first requirement‚ certainty of intention‚ James must have made it clear that he intended for it to be made a trust‚ rather than a gift‚ as shown in Jones v Lock. The words used in this instance‚ that Kath is mentioned as a trustee and that has absolute discretion when distributing the money‚ can be said to afford a clear intention to create a trust. To satisfy the second requirement‚ certainty of subject‚ it is
Premium Fiduciary Trust law Inheritance
culture web to analysis National express. STORIES：national express built in 1974‚ it is a multinational public transport company. Currently‚ national Express Group is the largest operator of scheduled coach services in the UK and a leading transport provider in the UK‚ North America and Spain. Every year more than 650 million journeys are made on National express’s bus‚ coach‚ rail and tram services. With the unprecedented disruption in bank markets‚ National Express has suffered a significant adverse
Premium
The Law and Jury System in Murder on the Orient Express The law and jury system probably is not something that you would consider important while reading Murder on the Orient Express. You probably wouldn’t even think about it‚ unless you’re thinking about the punishment that the murderer would endure. However at the end of the novel when you find out how much it impacted the novel you would be amazed. The book took place on the Orient Express‚ on the Istanbul-Calais coach where a man was killed
Premium Agatha Christie Murder Capital punishment
Title: Murder on the Orient Express Author: Agatha Christie This book is about a detective who boards a train to a have a vacation‚ however one of the passengers were murdered during the night. Therefore‚ Hercule Poirot interviews everyone to try find the murderer. I really enjoyed this book as it got me guessing who the murderer is right way through the book. When I read this book again a found a few clues that I just read over without noticing them. For example‚ Mary Debenham says “Not
Premium Agatha Christie
Stock Valuation Problems Handout 1. ABC Company’s stock pays a fixed dividend of $2. If an investor’s required rate of return is 8%‚ then what is the value of the stock? $25 2. DEF Ltd. has stock outstanding that pays a fixed $5 dividend and currently markets for $22. What is the expected rate of return for the stock? 22.7% 3. GHI Inc.’s stock is selling for $33 in the market and pays a $3.60 annual dividend. a. If you purchase the stock at its current price‚ what will be the expected
Premium Real estate investment trust Stock market Dividend
gave me strength to develop a Thesis on the topic “Prospects of Real Estate Investment Trust in Pakistan” then I like to give a vote of thanks to the Institute of Business & Technology‚ which provided me with the opportunity to conduct a research on this critical issue. I highly value the help provided and the efforts made during this research by the faculty members specially the advisors. I further express gratitude to all my teachers for their valuable guidance and supervision during this study
Premium Investment Real estate investment trust
Question 2a: Discuss the importance of ratio analysis for inter-firm and intra-firm comparisons including circumstances responsible for its limitations .If any Answer: Ratio analysis implies the systematic use of ratios to interpret the financial statements so that the strength and weaknesses of a firm as well as its historical performance and current financial position can be determined. With the help of ratio analysis conclusion can be drawn regarding several aspects such as financial health‚
Premium Real estate investment trust Dividend Ratio
“The Express” is the story of Ernie Davis who was the first African-American to win the coveted Heisman Trophy‚ the highest accolade in American Football. Davis was a naturally talented football player‚ who developed from a quiet young man to become an icon for the civil rights movement that divided America in the early 1960s. Raised in poverty in Pennsylvania coal-mining country‚ his talent was recognized by Coach Ben Schwartzwalder who would help him turn from a high school athlete to a sporting
Premium American football National Football League Super Bowl
Introduction A safe space for a client could be described as a place or space in which a client feels secure and free to express him/herself in a real‚ true and open way. This could mean a number of things to different clients‚ it is very individual. What makes a person feel safe? The list could include some or all of the following; Not feeling judged or criticised by the counsellor or that the counsellor is likely to not accept you if you share something ‘bad’ Feeling that
Premium Therapy Psychotherapy Unconditional positive regard