Published: March 15, 2023
While the experienced Canadian tax litigation lawyer for the taxpayer launched many creative and novel arguments concerning the legislative scheme for TFSAs and the policy purposes behind extending tax exemption to TFSA trusts, the Tax Court of Canada was unsympathetic to the taxpayer’s argument.
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Disclaimer:
"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."
