( Available in French only )
Primauté de la substance sur la forme (encore une fois)
Deux décisions rendues récemment par la Cour canadienne de l’impôt ont appliqué la DGAÉ à la même planification fiscale afin de refuser des pertes en capital, mais les juges de la Cour de canadienne l’impôt étaient complètement en désaccord quant...
( Available in French only )
Commentaire – Responsabilité des administrateurs
Il est toujours problématique de tenter de gérer une compagnie sans administrateur. La décision récente de la Cour canadienne de l’impôt dans Snively en est un bon exemple. M. Snively avait fait de son mieux pour démissionner de son poste...
Cross-Border and International Tax: New Canadian Compliance Requirements for Non-Residents of Canada
Non-residents of Canada that are eligible for benefits under a tax treaty entered into between Canada and another country will now have to complete a declaration or provide equivalent information to avail themselves of any reduced rate of tax or...
2011 Federal Budget – Focus on Anti-Avoidance Rules
On June 6, 2011, the Minister of Finance Jim Flaherty reintroduced the 2011 Federal Budget (the “Budget”) which was originally tabled on March 22, 2011 without any substantive changes to the tax measures. Planning for tax avoidance is a legitimate...
Miller Thomson’s National M&A Work is Ranked Top Tier Among Canadian Law Firms and Globally
We are proud to acknowledge the Q1 2011 accomplishments of our M&A practitioners and close colleagues of Miller Thomson’s national corporate tax team. In the first quarter M&A league table rankings, released just after our own Federal Budget Review was...
Legislative Responses to Recent Canadian Tax Cases: Deductibility of Contingent Expenditures, Non-Resident Withholding Tax on Interest, and Segregated Fund Policy Reserves
On March 16, 2011, the Department of Finance released draft legislative proposals designed to counteract the effects of three taxpayer-friendly Federal Court of Appeal (“FCA”) decisions: Collins v. R. (2010 D.T.C. 5028), Lehigh Cement Ltd. v. R. (2010 D.T.C. 5081)...
Tax Tip – Share Consideration Issued on a Tax-Deferred Rollover
Have you ever considered whether you can transfer eligible property on a tax-deferred rollover basis for consideration consisting of shares that have not been legally authorized under the articles of the transferee corporation at the time of the transfer? Recently,...
CRA audit project targets high-net-worth individuals
The Lawyers Weekly, Vol. 30, No. 45, 13
Introduction
2011 Federal Budget Minister of Finance Jim Flaherty today tabled the 2011 Federal Budget (the “Budget”) entitled “A Low Tax Plan for Jobs and Growth”. We are pleased to provide our summary of tax measures contained in the Budget. There...
Business Tax Measures
Manufacturing and Processing Sector: Accelerated Capital Cost Allowance As part of its plan to continue to stimulate the Canadian manufacturing sector, the Federal Government proposes to extend certain incentives related to the acquisition of machinery and equipment. Currently, machinery and...
