Wednesday, October 14, 2020 @ 2:10 PM
We’re moving to Canada: Leaving assets abroad
A few weeks ago, Google reported an increase in the number of searches on how to apply for Canadian residency and citizenship. Surprisingly, these numbers may not just be from our friends south of the border. ... [read more]
Tuesday, October 13, 2020 @ 12:51 PM
Ownership registry needed to crack down on tax evasion, money laundering in Canada: coalition
A coalition of public-interest groups is asking the federal government to crack down on financial crime in Canada by establishing a cross-country registry on beneficial ownership of companies, but a leading tax lawyer is saying enforcement of current rules would be a more effective step than bringing in new legislation. ... [read more]
Friday, October 09, 2020 @ 8:47 AM
What to do about sharp rise in self-represented litigants
Increased funding for legal aid to help with the dilemma of self-represented litigants (SRLs) isn’t in the cards — at least not anytime soon. ... [read more]
Thursday, October 08, 2020 @ 1:53 PM
Avoiding the tax bill on U.S. securities
In order to provide clients with a well-rounded estate plan, it is critical to review a client’s statement of net worth, including the location of all assets. When stepping outside the Canadian border, different succession laws and tax regimes apply. ... [read more]
Wednesday, October 07, 2020 @ 2:35 PM
Choosing an executor: Who’s in charge?
Making the choice of who will be your executor or advising clients on this issue is pivotal in the estate planning process. Surprisingly, there is no licensing for an individual person to act as an executor and no professional education or qualifying course, yet the role has enormous responsibility as well as liability, and is increasingly complex given changing laws and tax rules. ... [read more]
Wednesday, October 07, 2020 @ 9:04 AM
Bad debt deduction continued: Write-off or credit note?
In Greenfield Mining Services Inc. c. Quebec Revenue Agency  J.Q. no 5062, the Court of Quebec (the court), per Justice Jo Ann Zaor, ruled that the plaintiff, Greenfield Mining Services Inc., was entitled to a deduction under s. 444 of the Act respecting the Quebec sales tax (QSTA) following the write-off of a bad debt in its books, despite not having issued a credit note. This is the second of two articles discussing the implications of this decision. ... [read more]
Tuesday, October 06, 2020 @ 2:42 PM
Quebec real estate deed transparency: Lead-up to new tax for non-residents?
A new Quebec regulation in force as of Oct. 1, 2020, that identifies for statistical purposes (without yet applying a particular new tax) non-Canadians involved in transfers of real estate in Quebec, reminds one of certain non-resident real estate taxes that already exist in British Columbia and Ontario due to a perceived crisis in affordable housing, namely: ... [read more]
Tuesday, October 06, 2020 @ 12:21 PM
Techniques for making video trials fair
As we enter the second wave in Ontario it is clear that COVID-19 has completely disrupted the way we administer criminal justice. The courts have been forced to embrace video technologies that have, quite embarrassingly, been used in other professions for decades. ... [read more]
Monday, October 05, 2020 @ 3:22 PM
‘What do you mean I can’t get transcripts?’
Imagine you have just completed a 14-day trial by Zoom on behalf of your client. You did a bang-up job of presenting your case and an even better job of exposing the flaws in opposing counsel’s evidence. Nonetheless, the judge ruled against you. Never mind, that’s what appeals are for. Right? ... [read more]
Friday, October 02, 2020 @ 2:49 PM
Bad debt deduction: Must taxpayer exhaust all possible methods to recover debt?
On June 10, in Greenfield Mining Services Inc. c. Quebec Revenue Agency  J.Q. no 5062, the Court of Quebec, per Justice Jo Ann Zaor, ruled that the plaintiff, Greenfield Mining Services Inc., was entitled to a deduction under s. 444 of the Act respecting the Quebec sales tax (QSTA) following the write-off of a bad debt in its books. ... [read more]