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Wednesday, June 16, 2021 @ 9:28 AM

‘Astonishing’ if case on taxation of Aeroplan Miles doesn’t make it to SCC, lawyer says Steve Suarez, Borden Ladner Gervais LLP

The Federal Court of Appeal has ruled against a major Canadian bank in its quest to get a rebate on the GST it paid as part of its Aeroplan Miles credit card program, but legal observers are saying they could see the case heading to the Supreme Court due to the lower court’s disagreement on how to interpret the contract the bank signed. ... [read more]

Tuesday, June 15, 2021 @ 8:42 AM

Quebec has enacted (but not put into force) corporate transparency rules Binoculars

The Quebec government enacted on June 3, 2021, Bill 78 to update the rules relating to the on-line Quebec Enterprise Register (REQ), which has the goal of promoting, in the terms of the bill, the “transparency of enterprises.” The Quebec government’s press release on the matter indicates that it wants to be a world leader in transparency. ... [read more]

Monday, June 14, 2021 @ 8:52 AM

Elder Abuse Awareness Day: Reducing elder abuse among lonely widowed clients Line drawing of little old lady

In A Biography of Loneliness, published in 2019, author Fay Bound Alberti observed that the loneliness of bereavement is “a great leveller of experience; there is a depth of social and familial isolation linked to widow(er)hood, whether one is princess or pauper.” ... [read more]

Thursday, June 10, 2021 @ 10:46 AM

Consistency in communications: Cross your heart and hope to fly Russian dancer

Businesses and service providers usually display statements about service excellence on their sites. Think of companies that sell sports gear, electronics, or barbecues, and of professionals like accountants, lawyers, and HR consultants. They all “offer consistent quality,” “stand behind their product,” “want to understand the client,” “tailor services to each customer’s needs,” and “act as a partner in the client’s success.” Typical values are consistency, accountability, honesty, integrity, and respect. So far so good. However, the reality may be quite different. ... [read more]

Wednesday, June 09, 2021 @ 2:15 PM

Why law firms should invest in their lawyers’ health | Rob De Toni

The time for change in the legal industry is now. No longer can law firms ask their lawyers to come to work, put their heads down and pump out huge billable hours just because that’s what the partners did and are still doing. ... [read more]

Wednesday, June 09, 2021 @ 11:06 AM

Tips, guidance for navigating audits of Canada Emergency Wage Subsidy claims Hand giving money to businessmen during COVID-19

In spring 2021, the Canada Revenue Agency (CRA) commenced comprehensive audits to recover payments made to ineligible Canada Emergency Wage Subsidy (CEWS) recipients. In the second of this two-part series, we discuss practical tips to minimize the impact of a CEWS audit and the process for challenging a determination made by the CRA. ... [read more]

Friday, June 04, 2021 @ 2:39 PM

What are tax implications of owning (or inheriting) U.S. assets on your death? U.S. one-hundred-dollar bill on U.S. flag

To the surprise of many, Canadians who are dual citizens or who have U.S.-situs assets (such as US real estate, shares in U.S. corporations, and U.S. pension plans and IRAs) may be exposed to U.S. estate taxes on their death. Absent proper estate planning, such individuals may also unnecessarily expose their beneficiaries to US estate taxes upon their own deaths. ... [read more]

Friday, June 04, 2021 @ 1:24 PM

Prepare for CRA audit after Canada Emergency Wage Subsidy benefit Two people analyzing data with calculator and money in background

Businesses that took advantage of government assistance to help them with COVID should make sure they did things correctly. If not, you may face an audit from the Canada Revenue Agency. ... [read more]

Wednesday, June 02, 2021 @ 12:22 PM

Five things to consider in a cross-border tax dispute Magnifying glass with glass globe on sheet showing graphs

Clients with internationally sourced net worth can encounter a wide range of cross-border litigation cases pertaining to their assets, reputations and liberties. ... [read more]

Wednesday, June 02, 2021 @ 11:01 AM

Landmark Dutch case creates legal obligation to reduce carbon emissions shellstation

On May 26, 2021, The Hague District Court in the Netherlands ordered Royal Dutch Shell (RDS) to reduce the CO2 emissions of its group of Shell companies (referred to as the Shell Group) by net 45 per cent per in 2030 as compared to 2019 levels. The Shell Group is made up of 1,100 companies that produce, refine and sell oil, gas and other energy products across the world. ... [read more]