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  • Article

    Top Court Blesses Treaty-Shopping Arrangement: The Alta Energy Decision

    The Supreme Court of Canada (SCC) recently rendered its eagerly awaited decision in Canada v Alta Energy Luxembourg S.A.R.L., 2021 SCC 49.
    CanadaTax
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Two Recent Tax Shelter Decisions Require Supreme Court Clarification

    In 1995, the Department of Finance substantially amended the tax shelter rules under the Income Tax Act (Canada) (the Act). Until recently, they had not been considered by the Federal Court of Appeal.
    CanadaTax
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
Article

Canada-US Estate Planning: A Complete Guide For Snowbirds And Cross-Border Families

Canadians who own US property, hold American investments, or have family members with US citizenship face a complex web of estate tax obligations spanning two countries. Without proper coordination, your heirs could face double taxation, frozen assets during lengthy Florida probate proceedings, or unexpected tax bills that consume a significant portion of their inheritance.
CanadaFamily and Matrimonial
Altro LLP
Altro LLP
  • Article

    Canadian Partnership Status For Income Tax: Toronto Tax Lawyer Guide

    The Canadian legal environment provides businesses with a number of different choices for legal forms to structure themselves, most prominently corporations, sole proprietorships, partnerships and limited partnerships.
    CanadaTax
    Rotfleisch & Samulovitch P.C.
    Rotfleisch & Samulovitch P.C.
  • Article

    Impact Of The New Tax Protocol On Limited Liability Companies, Unlimited Liability Companies And Debt Financing:

    The Fifth Protocol to the Canada - U.S. Tax Convention, dated September 21, 2007 (the "Protocol") will have a significant impact on cross-border transactions given the proposed treatment for hybrids and the elimination of withholding tax on interest on arm's length cross-border debt.
    CanadaTax
    Gowling WLG
    Gowling WLG
  • Article

    MLI Big Picture Changes Update 2.0

    The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("MLI") is a multilateral treaty
    CanadaTax
    McCarthy Tétrault
    McCarthy Tétrault
  • Article

    New Era, New Disclosure Obligations

    In a case argued by Davies, the Court of Québec rendered a judgment on December 10 setting out, for the first time, the conditions that must be met for the electronic disclosure of evidence by the Crown to be "reasonably accessible", ...
    CanadaTax
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    OECD Proposes Significant International Tax Changes That Will Impact Multinationals

    Earlier in 2019, the OECD published its Programme of Work [PDF] to Develop a Consensus Solution to the Tax Challenges Arising from the Digitalization of the Economy (Program of Work)
    CanadaTax
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP
  • Article

    The Revenue Rule In Tax Law

    A country's revenue laws reflect its political sovereignty and create property rights that affect relationships. Hence, sovereign states will not enforce the revenue laws of foreign...
    CanadaTax
    KPK Law LLP
    KPK Law LLP
  • Article

    Update On Canada's Implementation Of The OECD's Plans To Combat Tax Avoidance

    On October 5, 2015, the OECD released fifteen Final Reports on its project entitled, Base Erosion and Profit Shifting ("BEPS")...
    CanadaTax
    Gardiner Roberts LLP
    Gardiner Roberts LLP
  • Article

    Tax Law Bulletin - New Protocol To The Canada-US Tax Treaty: Withholding Tax On Cross-Border Payments

    Canada and the United States signed the widely anticipated Fifth Protocol (the “Protocol”) to the Canada-US Income Tax Convention (the “Treaty”) on September 21, 2007.
    CanadaTax
    McMillan LLP
    McMillan LLP
  • Article

    CEWS Update: Review Of New Rules And CRA Guidance

    Earlier this year, Parliament enacted legislation adopting the Canada Emergency Wage Subsidy (CEWS) through amendments to the Income Tax Act (Canada) (Act).
    CanadaEmployment and HR
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Alta Energy: Supreme Court Of Canada Finds That The General Anti-Avoidance Rule Does Not Preclude Treaty Shopping To Avoid Capital Gains Tax

    Canada v. Alta Energy Luxembourg S.A.R.L., 2021 SCC 49: In a decision with important implications for multinational corporations doing business in Canada, the Supreme Court of Canada ("SCC") ...
    CanadaTax
    McCarthy Tétrault
    McCarthy Tétrault
  • Article

    Canadian Departure Tax: Canadian Tax Lawyer Guidance

    When taxpayers emigrate from Canada, for tax purposes they are deemed to have disposed of their capital assets even though no assets are actually sold.
    CanadaTax
    Rotfleisch & Samulovitch P.C.
    Rotfleisch & Samulovitch P.C.
  • Article

    Canadians Could Gain Greater Access To Foreign Capital

    Canadian borrowers are on the verge of gaining unprecedented access to foreign capital. Canada has agreed that it will soon no longer impose withholding tax on interest paid to U.S. residents. Canada has also announced that it will extend this treatment to interest paid to arm’s-length non-residents of any country.
    CanadaTax
    Torys
    Torys
  • Article

    How Does Canada Tax Non-Resident Pro Athletes? – A Canadian Tax Lawyer's Analysis

    During a post-fight interview in June 2020, Ultimate Fighting Championship (UFC) welterweight contender "Platinum" Mike Perry voiced his frustration about grappling with international tax rules.
    CanadaTax
    Rotfleisch & Samulovitch P.C.
    Rotfleisch & Samulovitch P.C.
  • Article

    Income Tax Update From The Supreme Court Of Canada: The GAAR Does Not Apply To Treaty Shopping

    On November 26, 2021, the Supreme Court of Canada released its decision and reasons in Her Majesty the Queen and Alta Energy Luxembourg S.A.R.L., 2021 SCC 49.
    CanadaTax
    Bennett Jones LLP
    Bennett Jones LLP
  • Article

    Canadian Tax @ Gowlings - September 2005

    This article provides a brief overview of recent developments in Canadian Tax Law.
    CanadaTax
    Gowling WLG
    Gowling WLG
  • Article

    Conrad Black: Resident Here, Resident There, Resident Everywhere?

    It is common for an individual to be resident in more than one country at a given time (i.e., to be a "dual resident").
    CanadaTax
    Gowling WLG
    Gowling WLG
  • Article

    CRA Releases Guidance On Residency, Permanent Establishment And Other International Issues Arising During The COVID-19 Pandemic

    The global travel restrictions caused by the COVID-19 pandemic have resulted in some individuals involuntarily remaining in one jurisdiction or being unable to enter another jurisdiction.
    CanadaTax
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP
  • Showing 341–360 of 543 results

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