The Ivanka Trump company did not respond to a request for comment for this story. It did, however, issue a statement after Nordstrom’s decision was announced in early February that emphasized the brand’s long term growth. “The Ivanka Trump brand continues to expand across categories and distribution with increased customer support, leading us to experience significant year over year revenue growth in 2016,” said the statement from Rosemary Young, senior director of marketing..
The Canada Revenue Agency’s definition of a principal residence is relatively straightforward and precise. A family unit, which consists of the taxpayer, spouse or common law partner and any children under the age of 18, can designate one property per year as its primary residence. The principal residence exemption allows them to claim a capital gains exemption for some or all of the years they lived in the home..
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