Focus On

Tax

Latest

Thursday, April 14, 2022 @ 9:17 AM

The metaverse: Not just fun and games | Howard Winkler

The metaverse is here but it is not just fun and games. That is why lawyers need to prepare for the unique legal issues that will arise in this digital landscape. ... [read more]

Wednesday, April 13, 2022 @ 11:35 AM

Supreme Court of Canada’s trends disclose faster decision-making, more criminal cases in 2021 Supreme Court of Canada

More than half the cases heard by the Supreme Court of Canada last year were criminal appeals — with fewer than one-quarter of its hearings in 2021 involving private law, new court statistics disclose. ... [read more]

Tuesday, April 12, 2022 @ 1:26 PM

Attention library science deniers Librarian

In conversation with a library patron, I was told: “I hope perception [of your job] is changing, but I also think it’s that you’re a woman sitting behind a desk, so you’re obviously a secretary.” This was in response to a concern I shared that as a solo librarian running a “small” library I have many duties that go beyond a “regular” library job. ... [read more]

Tuesday, April 12, 2022 @ 11:19 AM

Requirements, exclusions of the proposed Underused Housing Tax Act House with percent sign

As made clear in the 2022 Federal Budget, the Government of Canada has a mandate to curb foreign investment and speculation in residential real estate throughout Canada. The federal government wishes to ensure housing is owned by Canadians instead of foreign investors and intends to monitor the impact that foreign money is having on housing costs within Canada. ... [read more]

Tuesday, April 12, 2022 @ 10:44 AM

LSO licensing exam date change ‘undermines’ candidates’ mental health, competitiveness, student says Ryan Shah, University of Toronto

An open letter signed by over 500 law students has been sent to the Law Society of Ontario (LSO) requesting the regulator “provide lawyer licensing candidates the option to write the barrister and solicitor examinations according to the original schedule the LSO provided at the outset of the licensing process.” ... [read more]

Monday, April 11, 2022 @ 4:37 PM

Business-related proposals in federal budget are seen as hits and misses

With the dust settling on the tabling of the federal government’s Budget 2022, there has been — not surprisingly — both praise and criticism for what the Liberals have proposed. “We know what this budget is intended to do,” said Vern Krishna, a tax law professor at the University of Ottawa Faculty of Law - Common Law Section. “It’s the budget that’s the union of two parties; and it’s intended to safeguard the minority government.” ... [read more]

Monday, April 11, 2022 @ 12:51 PM

Lunch and ‘recess’ are not for wimps | Rob De Toni

“Lunch is for wimps.” If you are into 1980s movies, you might recognize this line spoken by Gordon Gekko in Wall Street. Do you feel the same? How many days out of the year do you skip lunch or just eat at your desk while working? ... [read more]

Monday, April 11, 2022 @ 9:01 AM

Federal budget: Business, international tax implications Globe sourrounded by coins

The Department of Finance released the Canadian federal budget on April 7 (Budget 2022). While some of the measures won’t be directly applicable to legal practice, there are a number of measures that will impact lawyers and be important for practice. This year didn’t have anything similar to the mandatory disclosure rules from Budget 2021 which can require lawyers to take positive reporting steps, but an awareness of certain measures from Budget 2022 and their effective timing will be important to lawyers in advising clients. There are two main categories worth noting: business income tax measures and international tax measures. ... [read more]

Friday, April 08, 2022 @ 2:48 PM

Tax facts resource provides info which is ‘important and not readily accessible,’ lawyer says David Rotfleisch, Rotfleisch & Samulovitch P.C.

A Toronto-based tax lawyer has released an online resource aimed at providing up-to-date information about the tax system in Canada in a more accessible manner. ... [read more]

Friday, April 08, 2022 @ 9:51 AM

Alberta legislation aimed at revamping ‘outdated’ trust laws Audrey Wakeling, Witten LLP

Alberta is revamping what it calls the province’s “outdated” trust laws, saying the new rules will make it more efficient to create and manage trusts while reducing the need to go to court. ... [read more]