Tax Court Rules Amounts Paid Out Of Ponzi Scheme Not Taxable
By EsqSocial Corporation 05/03/14
The tax treatment of amounts paid out of failed Ponzi schemes is once again in the news. In Roszko v. The Queen (2014 TCC 59), the Tax Court of Canada allowed the taxpayer’s appeal and held that amounts paid out of a fraudulent scheme were not...
By: Dentons