A Canadian Tax Lawyer’s Guide to Section 85 Late Filed Election

Introduction to Section 85 and Late Filed Election A transfer of property is a taxable…

Published: June 27, 2022

Last Updated: October 28, 2022

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A Toronto Tax Lawyer’s Guide to Basic Personal Amount Tax Credit

The Basic Personal Amount (BPA) is a non-refundable tax credit that can be claimed by…

Published: June 13, 2022

Last Updated: June 13, 2022

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A Canadian Tax Lawyer’s Guide to Ontario Foreign Homebuyer Tax

The Ontario Foreign Homebuyer Tax is a one-time 20% province-wide tax on non-resident homebuyers. Officially…

Published: May 30, 2022

Last Updated: May 27, 2022

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A Canadian Tax Lawyer’s Analysis on Corporate Tax Residence

Starting Point of Tax Law and How it Relates to Corporate Tax The starting point…

Published: May 20, 2022

Last Updated: May 20, 2022

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Process of Passing of Accounts – Guidance from a Canadian Tax Lawyer

Estate trustees in Ontario have the duty to make sure all assets and money are…

Published: May 17, 2022

Last Updated: May 17, 2022

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Canadian Tax Trap: Dividends from a Corporation with Tax Debts Leads to Derivative Tax Liability: Kufsky v The Queen, 2019 TCC 254 – Canadian Tax Guidance from a Canadian Tax Lawyer

Introduction – Derivative Tax Liability under Section 160 of Canada’s Income Tax Act & Dividends…

Published: May 6, 2022

Last Updated: November 7, 2022

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Wall v Canada, 2021 FCA 132 – Guidance from a Canadian tax lawyer on taxation of house flipping

A real estate agent bought and sold three houses and was reassessed for business income…

Published: April 21, 2022

Last Updated: October 28, 2022

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A Canadian Tax Lawyer’s Perspective on the 12-Month House Flipping Federal Budget Proposal

Introduction – Tackling the Affordable Housing Crisis On April 7th, 2022, the federal government announced…

Published: April 18, 2022

Last Updated: April 18, 2022

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