Employee Profit Sharing Plans

An Employees Profit Sharing Plan (“E.P.S.P.”) is a trust that allows an employer to share…

Published: March 6, 2020

Last Updated: June 11, 2021

Read More

Registered Educational Savings Plans & Grants

RESP Changes RESP’s have been targeted in the last several budgets, with the result that…

Published: March 6, 2020

Last Updated: April 17, 2020

Read More

A Canadian Tax Lawyer’s Perspective on Losses and Loss Determinations

Tax Loss Determinations When a taxpayer receives an assessment or reassessment where the losses assessed…

Published: March 6, 2020

Last Updated: October 25, 2021

Read More

Tax Deductions for Home Business

For a home based corporation to write off rent related expenses you have to charge…

Published: March 6, 2020

Last Updated: March 17, 2020

Read More

Canadian Tax Lawyer Year End Small Business Income Tax Planning Tips

Top 2016 Year End Income Tax Planning Tips by Canadian Tax Lawyer Part 5 Part…

Published: March 6, 2020

Last Updated: October 25, 2021

Read More

Gaar Applied To Deny Rollover

GAAR applied to deny partnership asset rollover In Ceco Operations Ltd. (2006 TCC 256), the…

Published: March 6, 2020

Last Updated: April 17, 2020

Read More

Safe Income on Hand – Paying Tax Free Inter-Corporate Dividends – A Toronto Tax Lawyer Analysis

Introduction – Tax Free Inter-Corporate Dividends Under Canadian tax law, corporations are able to issue…

Published: March 6, 2020

Last Updated: April 6, 2020

Read More

Solicitor-Client Privilege – No Accountant Privilege

Communications between a taxpayer and his accountant are not subject to privilege Communications between a…

Published: March 6, 2020

Last Updated: April 13, 2020

Read More

Challenging Underlying Debt on Derivative Income Tax and GST/HST Assessments

Challenging Underlying Debt on Derivative Income Tax and GST/HST Assessments – A Toronto Tax Lawyer…

Published: March 6, 2020

Last Updated: March 17, 2020

Read More