When the CRA Recharacterizes Capital Gains as Business Income: Happy Valley Farms, Stewart v. Canada, and the Legal Framework Governing CRA Tax Audits and Reassessments
Executive Summary: CRA Tax Audit Risk, Capital Gains vs Business…
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When full business income tax, other than capital gains tax, is payable if business activities are based on a “secondary intention” tax law doctrine in an “adventure in the nature of trade” – guidance from a Canadian tax lawyer
The tax treatment of income in Canada depends on its…
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Canada Revenue Agency (CRA’s) Administration of Proposed Capital Gains Taxation Changes: An Update
CRA Challenged in Court on the Proposed Capital Gain Inclusion…
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2024 Tax Alert: CRA Implements Capital Gains Tax Increase Despite Stalled Legislation – The Unique Tax Challenges for Employee Stock Options & Payroll Tax
Background: The Failed Capital Gains Hike & The CRA’s Decision…
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A Canadian Tax Lawyer Explains the Increased Capital Gains Tax Inclusion Rate
Introduction On April 16th the Department of Finance released Budget…
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Canadian Tax Lawyer Explains CRA’s Policy Positions for Canada’s New Property Flipping Rules
Introduction - The CRA’s Publishes its First Opinions on New…
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Canadian Tax Implications of Buying and Selling Collectible Trading Cards – Magic: The Gathering
Introduction: One-of-a-Kind Trading Card Sold by Canadian to Famous Rapper…
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A Canadian Tax Lawyer’s Guide to Deemed Dispositions
What Is Deemed Disposition? Subsection 248(1) of the Income Tax…
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Principal Residence Exemption from Taxation of Cottages
The Cottage Purchasing Boom With Canadians limited from foreign vacations…
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Tax Guidance for Assignors in Real Estate Assignment Transactions
Tax Guidance for Assignors in a Real Estate Assignment Transaction…
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