In a recent decision of the Tax Court of Canada (the “TCC”), Colitto v. Her Majesty the Queen, 2019 TCC 88 [Colitto], the TCC had the opportunity to consider a… Read More
Author: Graham Purse
There have been a number of developments with respect to the taxation of cryptocurrency in Canada. The CRA has recently updated its compliance guidelines and appears to be… Read More
Authors: Graham Purse, Adam Unick
On November 21, 2018, the Finance Minister, Bill Morneau, delivered the Federal Government’s 2018 Fall Economic Statement.
In providing its mid-year fiscal update, the Federal Government also… Read More
Authors: Florence Carey, Graham Purse, Danielle Dubois
Should a registered charity be permitted to engage in advocacy? What if that advocacy — letter-writing, advertising, contacting Members of Parliament — is the best… Read More
The Canada Revenue Agency (“CRA”) conducts audits on numerous taxpayers every year. Navigating one of these audits can be a challenging task, but there are numerous tips that can increase… Read More
Authors: Alain Gaucher, Q.C., and Ravtej Grewal
In the recent decision of Grimes v R, 2016 TCC 280, the Court considered a myriad of differing valuations for shares held by a… Read More
Author: Graham Purse, Kristél Kriel
In the 2018-19 Saskatchewan Budget, Saskatchewan announced a new Saskatchewan Technology Start-Up Incentive (STSI) Program aimed at the rapid growth and success of newly-emerging technology companies… Read More
Authors: Kimberly Burns, Mahdi Shams
It’s tax season, and the Canadian Revenue Agency (CRA) has published various forms of guidance on the tax treatment of cryptocurrencies for traders, investors, businesses and… Read More
After March 31, 2018, the prescribed interest rate set by the CRA for family income-splitting loans will double from the current rate of 1% to 2%.
This increase will affect the… Read More
Authors: John Agioritis and Lane Zabolotney
On July 18, 2017, the federal Department of Finance (“Finance”) announced plans to eliminate a variety of tax planning opportunities involving the use of private corporations.… Read More
