400 results found

The Cayman Islands, Nevis and the British Virgin Islands ("BVI") bring to mind images of turquoise waters, white sand beaches and…offshore bank accounts and corporations where the super wealthy stash their millions to avoid (and evade) taxes in their home countries.

Values don't always remain constant from one generation to the next.

Decisions with respect to any particular income trust will depend in part on the economic outlook for the economy as a whole and the relevant sector in particular.

Alberta Courts have been busy on the topic of costs in estate litigation in the past few months

As a family-business advisor, whenever I meet with clients, we invariably discuss their goals, objectives and yes, even their dreams.

In 2017, Canadian finance ministers entered into an Agreement to Strengthen Beneficial Ownership Transparency. The finance ministers agreed to introduce certain safeguards

On September 15, 2026, McCarthy Tétrault hosted its Private Wealth Summit, bringing together practitioners from the firm's charities, tax, estates and trusts, and litigation groups to discuss...

Private retail funds have recently faced significant redemption pressures, particularly in the private credit sector, prompting managers to adopt varying approaches to gating—from full suspensions to honoring all requests.

On October 10, 2018, the Canadian Securities Administrators (CSA) issued CSA Staff Notice 51-357 Staff Review of Reporting Issuers in the Cannabis Industry (Staff Notice) ...

In Golfside Ventures Ltd. (Re), Golfside had a Joint Venture Agreement to develop their land with Obcorp. Golfside subsequently went bankrupt, and its only asset was the land subject...

In Canada, corporations may claim a small business deduction on their corporate tax returns, effectively reducing the corporate tax rate on the first $500,0001 of taxable income from active business income.

On November 17, 2010, the Federal Court of Appeal ("FCA") released its reasons for judgment in the St. Michael Trust Corp. appeal, upholding the judgment of Woods J. of the Tax Court of Canada ("TCC") in the Garron Family Trust case.

Our firm, Moodys Tax Advisors, has proactively proposed legislation in Canada that will, if accepted and passed, allow a deduction against Canadian tax for the vast amount of professional fees paid to participate in the Internal Revenue Service's ("IRS's") 2011 Offshore Voluntary Disclosure Initiative ("OVDI"), the 2012 Offshore Voluntary Disclosure Program ("OVDP"), or the (traditional) Voluntary Disclosure procedure.

These include creating conflicts of interest, limiting investor awareness of dealer compensation costs as well as distorting incentives for dealers.

Perhaps encouraged by the recent decision in Marasse Estate, we have another recent case from the Alberta Court of Queen's Bench addressing an estate's ability to claim spousal support...

Life insurance serves a dual purpose beyond protecting loved ones after death—it provides financial flexibility during your lifetime while securing your family's future and business interests. Understanding how life insurance fits into your broader financial strategy can help you make informed decisions about coverage that meets both current and future needs.

There are four main events that create a financial windfall: sale of business, lottery win, inheritance, or high net worth divorce situation.