Director Liability for Taxes

A director is jointly and severally liable with his corporation The Canadian Income Tax Act…

Published: March 12, 2020

Last Updated: April 17, 2020

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Departure Tax

Individuals or corporations leaving Canada are subject to what is usually referred to as a…

Published: March 12, 2020

Last Updated: April 13, 2020

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Self Employed Convention Deductions

If you’re self-employed, you may be allowed to deduct from your Canadian income tax return…

Published: March 12, 2020

Last Updated: March 16, 2020

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Change In Control Corporation

A new taxation year for Canadian income tax purposes is deemed to have started when…

Published: March 12, 2020

Last Updated: April 13, 2020

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Kiddie Tax Attribution Rules

The “kiddie tax” in section 120.4 of the Canadian Income Tax Act generally applies to…

Published: March 12, 2020

Last Updated: October 21, 2022

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There are no estate or gift taxes in Canada

There are no estate or gift taxes in Canada, so gifts may be given with…

Published: March 12, 2020

Last Updated: April 17, 2020

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Optimizing Medical Expenses Tax Credit Claim Toronto Tax Lawyer Analysis

The Medical Expenses Tax Credit – Optimizing Your Claim – A Toronto Tax Lawyer Analysis…

Published: March 12, 2020

Last Updated: March 16, 2020

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Tax treatment and tax help for Unclaimed Abils

Unclaimed allowable business investment losses (ABILs) are not included in the newly enacted extended 20-year…

Published: March 12, 2020

Last Updated: April 6, 2020

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No Reasonable Expectation of Profit Test

Tax motivated transactions are not prohibited The Supreme Court of Canada has released two cases…

Published: March 12, 2020

Last Updated: March 16, 2020

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