A Canadian Tax Lawyer’s Perspective on Income Tax Statute-Barred Periods

What is an Income Tax statute-barred period? When taxpayers are initially assessed for income tax…

Published: January 18, 2022

Last Updated: January 18, 2022

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Gifting shares of a publicly traded company

Introduction: Aligning Year-End Tax Planning with Gift Giving When the holiday season is underway and…

Published: December 29, 2021

Last Updated: December 29, 2021

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RRSP Double Taxation from Overcontribution – Canadian Income Tax – Toronto Tax Lawyer Guide

RRSP Background – RRSP Double Taxation from Overcontribution Registered retirement savings plans (RRSPs) are a…

Published: December 28, 2021

Last Updated: December 28, 2021

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Components of Foreign Accrual Property Income – Canadian Income Tax – Toronto Tax Lawyer Guide

Overview – Foreign Accrual Property Income Canadian persons who invest in a foreign corporation can…

Published: December 27, 2021

Last Updated: December 27, 2021

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2021 Ontario Fall Economic Update: Canadian Tax Lawyer’s Guidance

Introduction – 2021 Ontario Fall Economic Update Ontario’s government delivered the province’s 2021 Fall Economic…

Published: December 20, 2021

Last Updated: December 27, 2021

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Components of Foreign Accrual Property Income – Canadian Income Tax – Toronto Tax Lawyer Guide

Overview – Foreign Accrual Property Income Canadian persons who invest in a foreign corporation can…

Published: December 15, 2021

Last Updated: April 6, 2022

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The T1135 Foreign-Reporting Exemption & Canadian Cryptocurrency-Trading Businesses & Canadian NFT-Trading Business: Are Canadian Cryptocurrency and NFT Traders Required to File a T1135 Form?

Introduction: Canada’s Foreign-Reporting Rules & Canadians Operating Cryptocurrency-Trading Businesses Canada’s Income Tax Act contains five…

Published: December 14, 2021

Last Updated: October 21, 2022

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Tax Court Rules That Gift Of Shares Of A Private Corporation To A Foundation Was Ineligible For A Charitable Tax Credit

INTRODUCTION: THE PURPOSE OF THE CHARITABLE DONATION TAX CREDIT As a matter of social policy,…

Published: December 1, 2021

Last Updated: December 1, 2021

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