Introduction: Rectification & Its Tax Consequences Rectification is an equitable remedy. It allows parties to correct drafting errors that...
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Big box store was ordered by the Federal Court to turn over its client lists to the CRA In...
Introduction: The General Anti-Avoidance Rule & Documentary Discovery during Tax Litigation Section 245 of Canada’s Income Tax Act contains...
Introduction – What are Statute-Barred Tax Years? The Canadian tax system is based on the principles of self-assessment, which...
A gift is generally defined as a voluntary and gratuitous transfer of property, without any consideration given in exchange....
Introduction – Digital Payment Services and Financial Reporting Obligations Digital payment services like those offered by PayPal, which are...
T1135s, Beneficial Ownership of Property, and Chan v The Queen: A Canadian Tax Lawyer’s Case Comment
Introduction – T1135s and Beneficial Ownership The Canadian Income Tax Act requires that Canadian tax residents who own “specified...
Penalties Canada’s tax statutes contain various penalties that seek to curb non-compliance. A gross-negligence penalty aims to punish a...
Background: What is an NFT? A non-fungible token (NFT) is a unique digital asset that is built on top...