Crystallizing the Lifetime Capital Gains Exemption – A Toronto Tax Lawyer Analysis

Introduction - What is the Lifetime Capital Gains Exemption? The lifetime capital gains exemption allows…

Published: April 20, 2020

Last Updated: March 1, 2022

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Friedman v MNR: A Canadian Tax Lawyer’s Perspective on the CRA’s Investigative Powers

The Conflict between the CRA’s Civil Audits and the Canadian Charter in the Case of…

Published: April 20, 2020

Last Updated: May 20, 2020

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Capital-Gains Implications of Gifts & Other Non-Arm’s-Length Transactions Deviating from Market Value: Subsection 69(1) of Canada’s Income Tax Act – A Canadian Tax Lawyer’s Analysis

Introduction – Taxation of Capital Gains in Canada Generally, when a taxpayer disposes of a…

Published: April 20, 2020

Last Updated: October 25, 2021

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Gifting Property to Your Spouse or Common Law Partner Does not Save You Taxes – Making an Election May Lend a Hand – A Canadian Tax Lawyer Analysis

Transfer of Property between Spouses is a Taxable Event –Introduction This article is part two…

Published: April 20, 2020

Last Updated: May 28, 2020

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Canada Revenue Agency Ramps Up Indirect Income Verification Audits on Small and Medium Businesses – A Canadian Tax Lawyer’s Guide

Introduction – The CRA Targets Small and Medium Enterprises with Aggressive Indirect Income Verification Audit…

Published: April 20, 2020

Last Updated: October 25, 2021

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Employee Stock Options: Tax Implications for Canadian Employees – A Canadian Tax Lawyer’s Analysis

Introduction – Employee Stock Options Canada Some businesses, especially high-tech start-ups, and more recently marijuana…

Published: April 20, 2020

Last Updated: October 21, 2022

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A Canadian Tax Lawyer’s Perspective on Tax Clearance Certificates

When a person passes away, he or she may leave behind unpaid tax debts. The…

Published: April 20, 2020

Last Updated: October 21, 2022

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Cra To Accept Rectification

CRA to accept rectification, where the purpose of the order is to put into effect…

Published: April 17, 2020

Last Updated: May 4, 2021

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CRA Warning about Gifting

CRA warning about participating in “gifting trust arrangements” and “leveraged cash donation” tax shelter plans…

Published: April 17, 2020

Last Updated: May 28, 2020

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