story conrad: Peter J. Thompson / National Post file photo Julius Melnitzer June 21, 20195 03 PM EDTFiled under Legal Share this story Conrad Black wins 32.3 million loan case against the CRA Tumblr Pinterest Google Linked InThe Tax Court of Canada has ruled that former media mogul Conrad Black is entitled to deduct interest expenses on a 32.3 million loan he used to satisfy judgments against himself and Hollinger Inc., a company he once controlled, according to The Independent. The whole area of interest deductibility is an historic quagmire full of factual difficulty and interpretive morasses, said William Innes, a veteran tax lawyer who is counsel at Rueters LLP in Toronto. Conrad Black in the library of his Toronto home. It's apparent from reading the judgment that Mr. The June 14 decision from Tax Court Chief Justice Eugene Rossiter came almost exactly one month after U.S. President Donald Trump pardoned Black a Canadian-born British citizen whose former international newspaper empire included the National Post, Chicago Sun-Times, the U.K's Daily Telegraph and the Jerusalem Post for his 2007 convictions on fraud and obstruction of justice, charges that stemmed from allegations that he siphoned millions of dollars from the sale of newspapers owned by Hollinger Inc. Black used his very forceful and engaging personality to sail through the pitfalls, and the judge appears to have accepted his evidence essentially without question.
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