3,220 results found

The ghouls and ghosts of Halloween do not stop the haunting of taxation issues. Our experienced Canadian tax lawyers have chosen a few Halloween related facts and stories to delight or scare this Halloween season.

Advisors need to be aware of these transactions to fulfill their own reporting obligations and to be able to advise their clients (promoters, taxpayers and perhaps other advisors)...

In a historic election, given the backdrop of rising tensions between Canada and the US, Canadians elected Mark Carney and his Liberal party on April 28, 2025.

The Tax Court of Canada recently decided a case regarding the Section 245 General Anti-Avoidance Rule ("GAAR") of the Income Tax Act.

For 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.

In Canadian Imperial Bank of Commerce v Canada, 2021 FCA 10, CIBC (the appellant) which issues Visa credit cards, was seeking GST/HST rebates on fees charged by Visa for the supply the bank received as a participant via the Visa payment system.

As of Wednesday, April 19, 2023, Canada Revenue Agency (CRA) employees are on strike – 13 days before the 2022 tax filing deadline. With this disruption to the Federal Government's system...

When the government introduced its new "Tax on Split Income" rules, many thought the days of splitting income with family members were over.

KPMG announced earlier this year that Blue J is its alliance partner, helping the accounting firm develop AI-powered solutions to empower its tax teams.

In connection with the OECD's Base Erosion and Profit Shifting Project, a group of 140 countries have made commitments to radically modify the international tax system.

The rapid rise of vaping products in Canada has instigated discussions surrounding their taxation. Recognizing the need for a framework that addresses...

When litigation results in a monetary award, either through a settlement or a decision by a judge, the amount may be taxable.

The Canadian government released updated draft legislation on August 4, 2023 to introduce a new 2% tax on certain equity repurchases starting January 1, 2024. In general terms, the tax applies to net repurchases of Canadian public company shares in excess of $1 Million.

On January 8, 2019 the Federal Court of Appeal dismissed an Appeal made by a taxpayer who had had their Tax Court of Canada case dismissed

The current economic climate has put a general damper on transactional activity. Many business owners, prospective purchasers and practitioners point to uncertainty...

In our previous article we discussed the definition of business and analysed the tests for, and the consequences of, carrying on business in Canada.

Canada's Prime Minister Mark Carney has unveiled the "Productivity Mega Deduction," a permanent tax measure providing immediate 100% write-offs for approximately 65% of business assets, positioning Canada's marginal effective tax rate on new business investment at 6.4% - the lowest among major economies. Alongside this initiative, the Canada Revenue Agency will now prioritize advance income tax rulings for investments exceeding $1 billion, aiming to deliver decisions within 90 business days to accelerate ma