Cost Bump on Share Windup

Increase in the cost base of the shares of the parent corporation   In certain…

Published: April 10, 2020

Last Updated: April 10, 2020

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Deduction For Attendent Care Expenses

A Canadian taxpayer who is disabled may be entitled to an income tax deduction for…

Published: April 10, 2020

Last Updated: April 16, 2020

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Common Law Same as Married for Taxes

From a Canadian income tax perspective, you don’t have to make a trip to the…

Published: April 10, 2020

Last Updated: April 17, 2020

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Taxation of Housing Loans

Employee or Shareholder Housing Loans Borrowing money from a corporation is fraught with complex tax…

Published: April 10, 2020

Last Updated: August 8, 2024

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Canada – Switzerland Bank Information Exchange

Canada – Switzerland Bank Information Exchange The Swiss Consulate in Canada has been writing to…

Published: April 10, 2020

Last Updated: April 10, 2020

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Capital Gains Exemption only on Sale of Shares, Not Assets

Capital Gains Exemption only on Sale of Shares, Not Assets When negotiating the sale of…

Published: April 10, 2020

Last Updated: April 11, 2020

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Deemed U.S. resident may be required to file a U.S. income tax return

If you spend more than 183 days a year living in the United States (with…

Published: April 10, 2020

Last Updated: April 10, 2020

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Conviction For Non-Filing of Canadian income tax returns

In the B.C. Provincial Court case of R v Lindsay [2008] B.C.J. No. 1337 Mr.…

Published: April 10, 2020

Last Updated: April 10, 2020

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Case Comment – Glatt v Canada (National Revenue) (“Glatt”)

Introduction: Taxpayer’s Rights to Interest from the Canada Revenue Agency (“CRA”) Under the Income Tax…

Published: April 10, 2020

Last Updated: April 10, 2020

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