As a result of Brians will, $100,000 is paid to his son John at the time of

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As a result of Brian’s will, $100,000 is paid to his son John at the time of Brian’s death in 2012. The $100,000 is not to be included in the income of John. However, this is not a flaw in the income tax system since the $100,000 was never allowed as a deduction for Brian for income tax purposes while he was alive. Comment.

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Public Finance In Canada

ISBN: 9781259030772

5th Canadian Edition

Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon

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