Federal Court of Appeal overturns tax ruling on $89.8M mall sale

By Karunjit Singh ( September 1, 2026, 5:18 PM EDT) -- The Federal Court of Appeal has overturned a finding that a property company was liable for a subsidiary’s potential tax debt arising from a structured $89.8-million mall sale, finding the Tax Court unfairly rejected the property’s undisputed value and wrongly concluded that the seller received a premium....
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