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ARTICLE · 09 MAY 2008

Supreme Court Of Canada To Hear Tax Avoidance Case

Davies Ward Phillips & Vineberg LLP
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Next Wednesday, April 23, the Supreme Court will hear a case involving Canada’s "General Anti-Avoidance Rule", which could substantially clarify the latitude that Canadians have to tax plan, as well as resolve related issues pertaining to Canada’s restrictive and rigid rules for deducting interest on borrowed funds.

CanadaLitigation, Mediation & Arbitration
Nathan Boidman
Nathan Boidman
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Next Wednesday, April 23, the Supreme Court will hear a case involving Canada's "General Anti-Avoidance Rule", which could substantially clarify the latitude that Canadians have to tax plan, as well as resolve related issues pertaining to Canada's restrictive and rigid rules for deducting interest on borrowed funds. This matter is previewed in the article (below):

Lipson Hearing More Than Simple Tax Arbitrage
 (as written by Nathan Boidman and published in the National Post, Financial Post)

April 16, 2008

In the April 2 Legal Post, Vern Krishna carefully explained the contest and conflict the Supreme Court will hear on April 23, between "legitimate tax planning" and "abusive tax planning" in the Lipson case.

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