Taxation of Settlement Amounts – A Canadian Tax Lawyer

Introduction-The Surrogatum Principle The Canada Revenue Agency’s (CRA) long time policy with regards to settlement…

Published: March 10, 2020

Last Updated: November 19, 2021

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Personal Services Business

A Canadian employee cannot simply resign his employment and start billing for his services through…

Published: March 10, 2020

Last Updated: April 10, 2020

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Self-Represented Taxpayer Has Case Dismissed Before Hearing at Federal Court of Canada – Canadian Tax Lawyer’s Analysis and Comments

Introduction – Glazer v. Canada (Attorney General) (2019 FC 436) Lawrence Franklin Glazer (the “Plaintiff”)…

Published: March 10, 2020

Last Updated: March 16, 2020

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Deductibility Of Farming Losses

Generally, taxpayers may deduct losses from one business or source of income against income from…

Published: March 10, 2020

Last Updated: April 17, 2020

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Rental Income From Principal Residence

If you earn income from your principal residence, for example from renting a room, your…

Published: March 10, 2020

Last Updated: March 17, 2020

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Canadian residents are taxable in Canada on their world income

Canadian residents are taxable in Canada on their world income. This includes income or capital…

Published: March 10, 2020

Last Updated: April 17, 2020

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Deduction of Legal Fees In Family Litigation

The rules for tax deductions in family litigation are complex and depend on exact nature…

Published: March 10, 2020

Last Updated: January 17, 2022

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Tax planning for professionals and unicorporated businesses

Maximize 1995 Earnings All self-employed professionals and unincorporated businesses with a non-calendar year end should…

Published: March 10, 2020

Last Updated: October 6, 2020

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Tax Planning Is An Ongoing Process

Tax planning is an ongoing process. Once you have filed your previous Canadian income tax…

Published: March 10, 2020

Last Updated: March 17, 2020

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