ArticleMunicipal Tax Law UpdateDid you miss filing an assessment appeal in 2017?CanadaTaxMinden Gross LLP
ArticleNew Simplified Rules For Home Builders Reporting Sales Of Grandparented HousingIn many cases, builders might not have fully understood their obligation to report grandparented housing sales, or they may not have realized the significance of the penalties for misreporting. CanadaTaxCollins Barrow National Incorporated
ArticleReassessment Of Ontario Properties Officially Delayed And Taxpayers' Rights To Challenge Their AssessmentsOntario property assessments will officially remain frozen on 2016 values for the 2024 taxation year, and the Divisional Court will hear an appeal regarding taxpayers' rights...CanadaTaxMiller Thomson
ArticleSupreme Court Affirms Broad Municipal Discretion To Set Tax RatesThe story of Catalyst Paper over the last few years has not been positive. CanadaTaxDLA Piper
ArticleTax Incentive Amendments To The Municipal Government ActNew revisions to the Municipal Government Act (the "MGA") aim to grant municipalities the ability to offer tax incentives to encourage business investment.CanadaTaxField Law
ArticleThe CRA's Pursuit Of Real Estate Data Goes South Of The BorderCanadian residents pay income tax on their worldwide income. In an effort to crack down on unreported offshore income, the Canada Revenue Agency (the "CRA") ...CanadaTaxKPK Law LLP
ArticleThe Harvest Date That Never Was: Property Tax Assessment Of Developing FarmsIn time for the upcoming season, we wanted to spotlight a decision of the British Columbia Supreme Court dealing with property tax assessment of a Christmas tree farm. CanadaTaxNorton Rose Fulbright Canada LLP
ArticleThe Hidden Costs Of De-CondominiumizingIn a previous blog post, we discussed how a property's condominium status can be terminated.CanadaTaxField Law
ArticleWhat You Need To Know About Toronto's New Arts And Culture Property Tax SubclassFor decades the City of Toronto has offered reduced municipal tax rates to charities and heritage properties, and this year, a new sub-class was created to support not-for-profit arts...CanadaTaxMcCarthy Tétrault
ArticleWorking From Home In The Time Of COVID-19 A special rule allows only commissioned salespeople to claim realty taxes and insurance on the home. CanadaTaxFogler, Rubinoff LLP
ArticleCanada Revenue Agency Notices For The Underused Housing TaxAs the 2023 tax season approaches, property owners of residential properties should review their new tax filing and tax payment obligations (if any) as per the Underused Housing Tax Act, 2022...CanadaTaxFogler, Rubinoff LLP
ArticleDual-Resident EstateFor Canadian tax purposes, an estate is now deemed to be a trust under a 2013 amendment to the subsection 248(1) definition of a trust.CanadaTaxKPK Law LLP
ArticleExpropriations And The Proposed Increased Capital Gains Inclusion RateFederal Budget 2024 announced an increase of the capital gains inclusion rate from one-half (1/2) to two-thirds (2/3) on capital gains realized on or after June 25, 2024.CanadaTaxWeirFoulds LLP
ArticleIncome Tax Considerations In Structuring Real Estate Transactions With Life InterestA life interest in real estate provides an exclusive right to use a property during the lifetime of the holder of the interest. CanadaTaxCollins Barrow National Incorporated
ArticleFamily Business Succession Planning II: The RefreezeLast month I discussed how estate freezes were a good planning tool for family-owned businesses.CanadaCorporate/Commercial LawMinden Gross LLP
ArticleTrident Exploration Corp.: Abandonment And Reclamation Obligations Retain A Super Priority Over Municipal TaxesThe Alberta Court of King's Bench (the Court) has confirmed that the abandonment and reclamation obligations owed to the Orphan Well Association (OWA)...CanadaEnergy and Natural ResourcesBennett Jones LLP
ArticleInjurious Affection And Public Works: Claiming For Impaired Access To PropertyFor a few months during the summer of 2018, Fortis BC closed a long strip of Vancouver's East 1st Avenue to conduct gas line work.CanadaReal Estate and ConstructionAlexander Holburn Beaudin + Lang LLP
ArticleMunicipal Taxes – Vacant Unit Rebate Applications (Ontario)What is the test to meet in Ontario when only a portion of a commercial building is vacant?CanadaReal Estate and ConstructionMcCarthy Tétrault
ArticleSpring Is In The Air & So Is The Underused Housing TaxThe filing deadline for the first year of the Federal Underused Housing Tax ("UHT") is fast approaching. Any owner of residential property in Canada who is not explicitly...CanadaReal Estate and ConstructionLawson Lundell LLP