Taxation of Free or Subsidized Travel Benefits for personal benefit of an employee or shareholder

If your company owns or leases an aircraft for business purposes and it makes a…

Published: March 5, 2020

Last Updated: March 17, 2020

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Draws from corporation – salary or dividends

You can withdraw income from your corporation in one of 2 ways. You can take…

Published: March 5, 2020

Last Updated: April 10, 2020

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Canadian Tax Lawyer, Tax Lawyer, Cra Tax Lien Lawyer,RRSP when turn 71, RRIF, annuity

If you turn 71 this year you’ll have to decide what to do with your…

Published: March 5, 2020

Last Updated: March 17, 2020

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Have Foreign Source Income?

Canada has entered into an extensive series of Income Tax Treaties designed to prevent double…

Published: March 5, 2020

Last Updated: April 17, 2020

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Payment Of GST by Purchaser

In Airport Auto (2003 GTC 899-105), CRA (the Canadian Income Tax Agency) attempted to force…

Published: March 5, 2020

Last Updated: November 19, 2021

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Advantages of Incorporation – Canadian Tax Lawyer Comments

Introduction There are both tax and non-tax reasons for considering the corporate form of business…

Published: March 5, 2020

Last Updated: October 21, 2022

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Canada (National Revenue) v Atlas Tube Canada ULC – CRA Ability to Compel Confidential Reports-Canadian Tax Lawyer’s Analysis and Comments

Introduction: CRA has the power to compel disclosure of confidential reports In Canada (National Revenue)…

Published: March 5, 2020

Last Updated: October 25, 2021

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Tax structured Last Will

A tax structured last will and testament minimizes taxes owing on death of the testator.

Published: March 5, 2020

Last Updated: March 17, 2020

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Graduated Rate Estates – Testamentary Planning – Toronto Estate and Tax Lawyer Analysis

What is a Testamentary Trust or Estate? A testamentary trust is a trust that arose…

Published: March 5, 2020

Last Updated: October 21, 2022

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