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Friday, February 07, 2020 @ 1:21 PM

Transferring tax debt between parties Man_examining_electronic_receipt

On Jan. 10, the Tax Court of Canada handed down a decision in the appeal Scott v. Canada 2020 TCC 4. This has some interesting comments on issues that affect our clients every day. ... [read more]

Wednesday, February 05, 2020 @ 11:07 AM

Robot justice: China’s use of Internet courts Robotscales

Would it scare you if I said that China has been doing this since 2017? In December 2019, China has announced that millions of legal cases are now being decided by “Internet courts” that do not require citizens to appear in court. The “smart court” includes non-human judges, powered by artificial intelligence (AI) and allows participants to register their cases online and resolve their matters via a digital court hearing. ... [read more]

Tuesday, February 04, 2020 @ 2:45 PM

Dying with an IRA: Tax planning after U.S. changes U.S. dollar nest eggs

On Dec. 20, 2019, U.S. President Donald Trump signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The purported intention of the SECURE Act is to provide greater access to tax-advantaged accounts and decrease the chances of outliving one’s assets. ... [read more]

Thursday, January 30, 2020 @ 8:48 AM

Lawyers who trade cryptocurrency: Remember the CRA Cryptocurrencies

If you invest in cryptocurrency and trade it on exchanges, the taxation of cryptocurrency presents challenges. It is important for taxpayers who hold cryptocurrency to understand how the current tax law would apply to cryptocurrency as well as Canada Revenue Agency’s (CRA) position on cryptocurrency. ... [read more]

Thursday, January 30, 2020 @ 6:18 AM

CUSTOMS AND EXCISE - Offences - Failure to report goods - Unlawfully imported goods

Appeal by the Crown from an order dismissing the information charging the respondent under the Customs Act with failing to report imported goods, attempting to evade payment of duties for goods, possession of imported goods and with possession of explosives contrary to the Explosives Act. ... [read more]

Wednesday, January 29, 2020 @ 10:00 AM

Quebec tax agency can’t invoke Crown interests in access to information matters: commission Paul Ryan

Quebec’s Access to Information Commission held that Revenu Quebec cannot invoke “Crown priority” in access to information matters, handing a legal victory to a produce retailer targeted by the provincial tax authorities. The decision, a development that took the tax legal community by surprise, appears at first glance to hand taxpayers, particularly those who have been charged or are facing criminal charges, with a tangible means to obtain information that the provincial tax authority may be reluctant or unwilling to share, according to tax lawyers. ... [read more]

Tuesday, January 28, 2020 @ 1:01 PM

Goodmans promotes five to partner

Goodmans LLP announced that David Coll-Black, Joe Hoffman, Michael Royal, Karen Vadasz and Bradley Wiffen have joined the Toronto firm’s partnership. ... [read more]

Tuesday, January 28, 2020 @ 6:23 AM

ADMINISTRATION AND ENFORCEMENT - Audit - Requirement to provide documents or information

Application by the taxpayers for judicial review of the Minister’s decision to issue Requests for Information letters requesting that both applicant spouses complete a questionnaire as part of an audit of the couple's potential offshore holdings which might not have been disclosed in taxation years 2010 through 2016. ... [read more]

Friday, January 24, 2020 @ 12:22 PM

Cox & Palmer names new managing partner of P.E.I. offices

Cox & Palmer announced that Robin Aitken has been appointed managing partner of the Prince Edward Island offices. ... [read more]

Thursday, January 23, 2020 @ 3:14 PM

A sad story about Mr. X. from country Y | Dale Barrett

Meet Mr. X. Don’t judge him by his country of residence. He was taken there as a child by his parents who were fleeing another country for a better life. They could never have predicted how the government of Mr. X’s adopted country would treat him when he grew up. ... [read more]