Stewart v. Canada: Canadian Tax Lawyer Explains Why Supreme Court of Canada (SCC) Changed ‘Source of Income Test’ to Include Legitimate Business Losses, Unsuccessful Ventures
Overview: Why Stewart v Canada Defines the Modern Source of…
Read More

How are ‘catastrophe bond’ (cat bond) losses taxed in Canada? Guidance from a Canadian tax lawyer
Hurricane Melissa is set to trigger a $150 million Jamaica…
Read More

CRA Tax Audit of Loss Carryovers Exceeding $200,000
Introduction – The Canada Revenue Agency Reveals Internal Tax-Audit Policy…
Read More

Losses On Investment in a small business corporation may be claimed as a business investment loss
A corporation is a separate legal entity, so losses that…
Read More

An Allowable Business Invesment Loss
An Allowable Business Invesment Loss An allowable business investment loss…
Read More

Loss On Investment
Money lost investing in a small business corporation may be…
Read More

Will & estate planning: Main Purpose
The purpose of estate planning is to minimize taxes on…
Read More

Toronto Tax Lawyer Commentary on the Tax Considerations of Corporate Financing
Introduction – the tax implications of financing Businesses that have…
Read More

Transfer of Property Between Spouses – Mechanics of Attribution Rules
Introduction – Attribution Rules and Inter-spousal Property Transfers This article…
Read More

Gift Tax on lottery winnings
If a relative wins a lottery and decides to share…
Read More