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Insight on what’s happening in the world of tax, law and accounting so you can stay ahead.

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Alexander Marino recently appeared on the Global Investment Voice Podcast to discuss the benefits of renouncing US citizenship on March 14, 2024.

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Alexander Marino guested on the Snowbirds US Expats Radio Podcast about the benefits of renouncing your US citizenship on January 17, 2024.

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Kenneth Keung and Evan Crocker are quoted in Investment Executive article titled “CRAʼs 10% interest rate on overdue tax raises risks“, published on November 13, 2023.

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Kenneth Keung quoted in Investment Executive article titled “Window closing on family business transfers using Bill C-208”, published on October 10, 2023.

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Kim G C Moody is quoted in the Tax Notes article titled “Canada’s Supreme Court Upholds GAAR Application in Deans Knight”, May 30, 2023

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Recent GAAR Decision – Collins

By Marissa L Halil  LLB, BCL

A new case on the General Anti-Avoidance Rule (“GAAR”), Collins & Aikman Products Co. v. The Queen (“Collins“), was released by the Tax Court of Canada on June 3, 2009. The issue in Collins was whether the GAAR should apply to a reorganization which increased the paid-up capital (“PUC”) of shares.

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New chair of STEP Canada

Well, I arrived home this week after attending The Society of Trust and Estate Practitioners’ (“STEP”) 11th National Conference.  The conference contained many leading edge technical topics that dealt with tax and estate planning for the private client.  Membership in STEP, for me personally, has proved to be invaluable over the years given the tremendous worldwide membership that STEP has and the depth of knowledge of such members. 

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Tax conferences

Well … ’tis the season for professional development and education.  Every year, around this time, the professional tax conference season begins in earnest.  I had the pleasure of recently co-chairing the Canadian Tax Foundation Prairie Provinces Tax Conference which was held in Calgary on May 25 and 26, 2009.  What an outstanding group of tax professionals that gathered to listen to prominent speakers on relevant current tax topics.

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Eligible dividends – Methods of notification by corporations other than public corporations

As many readers know, “eligible dividends” received by Canadian resident individuals are taxed preferentially as compared to non-eligible dividends. First introduced in 2006, the legislation dealing with eligible dividends is complex and detailed.

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Prevost Car Inc. v. The Queen

By Nicolas Baas, LL.B., LL.M. (Tax)

On May 12, 2008 we posted a blog entry commenting on the Tax Court decision of Prevost Car Inc. v. The Queen TCC 231.  On February 26, 2009 the Federal Court of Appeal released its appeal decision in this case.The FCA endorsed the Tax Court’s decision in its entirety.  The facts of this case are straightforward and can be found in our May 12, 2008 blog.

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Opportunities in challenging economic times

Notwithstanding that financial markets and the economy continue to take a beating, there are significant tax planning opportunities that have not existed for quite some time.

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***CLICK FOR ALL NEWS***

Alexander Marino recently appeared on the Global Investment Voice Podcast to discuss the benefits of renouncing US citizenship on March 14, 2024.

***CLICK FOR ALL NEWS***

Alexander Marino guested on the Snowbirds US Expats Radio Podcast about the benefits of renouncing your US citizenship on January 17, 2024.

***CLICK FOR ALL NEWS***

Kenneth Keung and Evan Crocker are quoted in Investment Executive article titled “CRAʼs 10% interest rate on overdue tax raises risks“, published on November 13, 2023.

***CLICK FOR ALL NEWS***

Kenneth Keung quoted in Investment Executive article titled “Window closing on family business transfers using Bill C-208”, published on October 10, 2023.

***CLICK FOR ALL NEWS***

Kim G C Moody is quoted in the Tax Notes article titled “Canada’s Supreme Court Upholds GAAR Application in Deans Knight”, May 30, 2023