Given the substantial increase in real estate development costs in large Canadian cities over the past few years, developers will welcome with some relief the proposed repeal of minimum parking ratios in downtown Montréal (Ville-Marie Borough).

In a decision issued on August 27, 2013 (4053532 Canada Inc. c. Longueuil (Ville de), 2013 QCCA 1428), the Québec Court of Appeal analyzed the nature of the rights of the parties to a deed of emphyteusis and examined the issue of the transfer duties payable in connection with the sale of the rights held by the owner (the emphyteutic lessor).

The new Liberal government's first budget (Budget 2016) has been the subject of anticipation and speculation, much of it apprehensive.

June 2014 is the deadline for Canadian corporations to make potentially important tax elections relating to recently enacted changes.

The Supreme Court of Canada recently rendered its much anticipated decision in Daishowa-Marubeni International Ltd. v. The Queen, 2013 SCC 29 involving the taxation of assumed reforestation obligations.

Section 511 of the Hiring Incentives to Restore Employment (HIRE) Act added Section 6038D to the Internal Revenue Code, which imposes new reporting requirements on a U.S. individual whose ownership interests in specified foreign financial assets exceed $50,000.

The IRS has improved its programs that enable U.S. citizens living abroad to become compliant with their U.S. tax filing obligations.

The Internal Revenue Service (IRS) and U.S. Treasury Department have issued final regulations (T.D. 10037) (Final Regulations) under Section 4501 of the Code (the Excise Tax) that withdraw the previously proposed "funding rule."

The Federal Court of Appeal has issued a significant ruling affecting the taxation of non-resident professional athletes in Canada. This decision provides important clarity on how tax obligations are determined for athletes competing across international borders. The ruling has implications for sports organizations, athletes, and tax practitioners dealing with cross-border employment taxation issues.

The U.S. Tax Court issued an opinion on February 17, 2010 clarifying the source of guaranty fees for U.S. tax purposes, which has previously been subject to confusion.

Reporting issuers will soon be able to implement at-the-market (ATM) distributions without obtaining regulatory relief.

When a foreign defendant is the target of a Québec class action, one of the first questions to consider is whether the Québec court has jurisdiction over such defendant.

Following closely on the heels of its three recent decisions addressing the criteria for certification of class proceedings, the Supreme Court of Canada has further clarified the "preferable procedure" requirement for class certification.

Indalex Limited's assets were sold in a liquidating proceeding under the federal Companies' Creditors Arrangement Act (the "CCAA").

On February 26, 2015, the federal Nuclear Liability and Compensation Act under Bill C-22 received Royal Assent.

On February 9, 2011, the SEC issued its first proposed rule amendments pursuant to the requirement of the Dodd-Frank Act to remove references to credit ratings in the SEC's rules and forms and replace them with other appropriate criteria.

One of the issues that we did not have the space to deal with in our earlier Flash of April 11, 2011 on the Ontario Court of Appeal decision in Re Indalex Limited, 2011 ONCA 265, was the expansive impact that the decision may well have on corporate group insolvencies — and especially ones that are cross-border in nature.

One of the issues that we did not have the space to deal with in our earlier Flash of April 11, 2011 on the Ontario Court of Appeal decision in Re Indalex Limited, 2011 ONCA 265, was the expansive impact that the decision may well have on corporate group insolvencies — and especially ones that are cross-border in nature.

On May 20, 2015, the U.S. Treasury Department released proposed changes to the U.S. model tax treaty, which has not been updated since 2006.

The Federal Court (FC) recently authorized the Canada Revenue Agency (CRA) to issue an "unnamed persons requirement" (UPR) to Coinsquare Ltd. for information and documentation relating to users of Coinsquare, a cryptocurrency exchange operating in Canada.