Areas of
Practice

Tax

Latest

Wednesday, August 10, 2022 @ 12:41 PM

Ontario’s looming electricity supply need Ontario energy

In December 2021, the Independent Electricity System Operator (IESO) released the Annual Planning Outlook, which forecasts the ability of Ontario’s electricity system to meet the province’s needs over the next 20 years (2023 to 2042). Somewhat worryingly, IESO projects that the system is insufficient to meet anticipated demand as soon as 2025. ... [read more]

Wednesday, August 10, 2022 @ 6:21 AM

FEDERAL INCOME TAX - Corporations - Reorganizations - Tax avoidance

Appeal by Nicole L. Tiessen Interior Design Ltd. from the Tax Court’s decision that section 256(2.1) of the Income Tax Act (ITA) applied to deem 30 corporations to be associated with each other for the purpose of calculating the small business deduction under the ITA. The reassessments issued to the appellants stemmed from the reorganization of an architecture and interior design business from a corporate model to a corporate partnership model. ... [read more]

Tuesday, August 09, 2022 @ 4:19 PM

[ Legal Wire ] - Federal government announces consultations on draft legislation related to Budget 2022

The federal government has announced the publication of “draft legislation to deliver a number of commitments to Canadians, including those in Budget 2022.” ... [read more]

Tuesday, August 09, 2022 @ 2:06 PM

What you now need to know about administrative delay Overlapping highway signs with the word delay

Excessive delay in an administrative process can have a major impact on the parties affected. Delay affects a party’s psychological well-being, undermines the administrattion of justice and can amount to a violation of procedural fairness. ... [read more]

Tuesday, August 09, 2022 @ 12:26 PM

[ Legal Wire ] - Indigenous fisherman’s claim falls within ‘exclusive’ jurisdiction of Tax Court, court rules

The British Columbia Court of Appeal has allowed an appeal brought by the Attorney General of Canada, ruling that it is “plain and obvious” that part of a claim brought by an Indigenous fisherman “discloses no reasonable cause of action because it raises issues that fall within the exclusive jurisdiction of the Tax Court.” ... [read more]

Tuesday, August 09, 2022 @ 12:07 PM

Grassroots campaign wants to reform ‘dangerous’ non-disclosure agreements in Canada, abroad Julie Macfarlane, Can’t Buy My Silence

The use of non-disclosure agreements (NDAs) has exploded in recent years, moving far beyond their original intent of protecting trade secrets to cover allegations of sexual misconduct and other incidents of harassment in both the workplace and beyond. But a new international campaign, co-founded by a Canadian law professor, is setting out to reform how they are used. ... [read more]

Monday, August 08, 2022 @ 2:39 PM

Family enterprise advising: Importance of soft skills in succession, intergenerational planning Silhouette of chess pieces

Family enterprise advising aims to minimize the conflict between various stakeholders, with the goal of ensuring the family business’s long-term success and protecting various family assets and wealth. This article highlights the “soft skills” behind succession and intergenerational planning. ... [read more]

Monday, August 08, 2022 @ 11:50 AM

Becoming a non-resident with TFSA, RRSP accounts Giant dollar sign with Canadian flag on it

Many individuals take advantage of registered savings plans in Canada. The most commonly known plans are Tax-Free Savings Accounts (TFSAs) and Registered Retirement Savings Plans (RRSPs). There are certain rules and restrictions to be aware of for Canadians who have such plans and become non-residents for tax purposes. In a previous article, “Moving to the U.S. and Retirement Plans,” we looked at a few planning strategies regarding registered plans in the context of immigrating to the U.S. ... [read more]

Friday, August 05, 2022 @ 11:37 AM

Ten results of the great home-office blur | Gary Goodwin

Now that office and home blurred into this wondrous mix of continuous office work and housework, one wonders about the future. ... [read more]

Thursday, August 04, 2022 @ 1:47 PM

From the schoolyard to the bench: Bullying in legal profession Giant finger pointing at man

A good lawyer can argue almost any point, but it is difficult to argue with statistics, and statistics show that people who practice law are among the most at-risk professionals for depression, substance abuse, mental illness and even suicide. ... [read more]