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ARTICLE · 13 DECEMBER 2010

Buy Low, Donate High, Sue to Get Even: More Risks for Recommending Aggressive Tax Avoidance Schemes

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In a recent decision of the Ontario Superior Court, Lemberg v. Perris, Eric and Valerie Lemberg successfully sued their loyal accountant, Michael Perris ("Perris"), for breach of fiduciary duty.

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Originally published in Taxation Law @ Gowlings - November 30, 2010.

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Buy Low, Donate High, Sue to Get Even: More Risks for Recommending Aggressive Tax Avoidance Schemes
By Stevan Novoselac, Michelle McBride and John Sorensen

In a recent decision of the Ontario Superior Court, Lemberg v. Perris,1 Eric and Valerie Lemberg successfully sued their loyal accountant, Michael Perris ("Perris"), for breach of fiduciary duty.  Over the course of their almost twenty-year relationship, Perris provided tax and accounting advice to the Lembergs and performed their tax compliance work.

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