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MacDonald v. M.N.R.

A-762-92

Mahoney J.A.

10/6/93

2 pp.

Application to set aside Tax Court's decision quashing applicant's appeal against 1988 income tax assessment as disclosing no arguable ground of appeal -- Before Tax Court applicant arguing error in assessment by failing to take account of difference in purchasing power of Canadian dollar at time of acquisition and disposition of capital assets -- Proposition not questioned as matter of sound economics or in terms of perfectly equitable taxation, but not justiciable issue -- Application dismissed.

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