Canada - General Electric Capital Canada Inc. v. The Queen: Guarantee Fees and the Arm’s Length Standard
- C.J. Steeves
- Derivatives & Financial Instruments, 2011 (Volume 13), No 3
- 30 May 2011
This article reviews the General Electric Capital Canada decisions (Tax Court and Federal Court of Appeal) and discusses the useful commentary contained in these judgments about the application of the arm’s length principle to financial services.