cii – -Translation – Keybot Dictionary

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Points importants pour sauver la directive CII (IMO)
Bullet-Points on Saving the CII Directive
Puntos clave para salvar la Directiva «Invenciones Implementadas en Ordenador»
Un piano per salvare la direttiva sui brevetti software
Επιγραμματικά σημεία για τη Διάσωση της Οδηγίας CII
Bullet-Points on Saving the CII Directive
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CII. L'article 9 de la Loi exige que, au cours d'une année donnée, le contribuable déclare comme revenu le bénéfice qu'il a tiré d'une entreprise. Le bénéfice (ou la perte) est normalement égal au produit des ventes moins le coût de ces ventes.
XXX.          Under s. 9 of the Act, a taxpayer is required to recognize profit from a business in a particular year as income.  Profit (or loss) normally equals the proceeds of sales less the cost of those sales.  I underscore that computation of profit and loss under s. 9 runs independently from the determination whether a taxpayer is eligible for the s. 10(1) valuation procedure.  Inventory valuation is not an expense and is not in itself deductible as such: Shofar, supra, at p. 355. Consequently, this Court must thus determine whether, in this case, the appellant is entitled to use the s. 10(1) procedure to compute his losses for the 1983 and 1984 taxation years and, then, whether he can deduct these from his proceeds from the same source, which were nil in both years.
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