441 results found

The Federal Court of Appeal's (FCA) recent French language decision in the appeal of Gervais considered the use of a sale structure commonly referred to as the "half loaf."

Figuring out whether you are an American citizen can bring with it some incredibly complex and onerous tax surprises.

Canada and the US share many similarities including the longest international border between two countries.

In a recent op-ed piece published in the National Post, an author suggested that estate freezes should be legislated out of existence since it inappropriately provided the "rich" with the ability to escape taxation.

First announced in Budget 2021, enacted June 9, 2022, and effective retroactive to January 1, 2022, the federal Underused Housing Tax Act mandates a filing requirement and potential 1% tax on the assessed value of vacant or underused housing in Canada.

Well, the last nine months have been a hell of a ride. I've never experienced anything like it and I hope I never do again.

Renouncing US citizenship or giving up one's long-held green card does not necessarily mean forever severing all ties with the US.

With only days left before Christmas and the New Year, many holiday shoppers may be wondering besides sales tax or GST / HST, what other possible taxes could apply to their holiday celebrations?...

On February 2, 2015 the Obama Administration acknowledged the plight of certain US citizens residing abroad and proposed limited relief.

Concerned about the amount of unpaid tax debt and challenges that the IRS faces in collecting that debt, Congress passed the Fixing America's Surface Transportation (FAST) Act which added Section 7345

Twas the night before Christmas, with tax plans a ‘rouse;

On August 1, 2012 the Supreme Court of Canada released its decision in Canada v. Craig, 2012 SCC 43. The case involved the deductibility of farming losses incurred by a taxpayer.

The government must have been surprised by the ferocity of the outcry and therefore made a number of announcements over the course of October 16 to 19, 2017 to "tweak" the proposals.

French and British banks are looking for ways to comply with a 2010 US law known as the Foreign Account Tax Compliance Act

I really can't stay (but baby there's high tax rates outside).

For better or worse, on June 18, 2015, Alberta's newly elected NDP provincial government released Bill 2, which immediately received First Reading in the Legislature and passed.

With the Canadian dollar weakening and the price of US real estate rising, many Canadians who have previously purchased US real estate may now be tempted to sell.