Insights/Communiqués/Tax Notes/March 9, 2023

Tax Notes

March 9, 2023

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Minimizing tax losses: The Solana hack

Throughout the year, many blockchains have been attacked by hackers. These loss events are indicators of the significant losses the cryptocurrency market has experienced. For investors who have suffered, an important consideration is how to utilize these losses. Accordingly, this...

The reasonableness of reasonable

Raymond G. Adlington

The word “reasonable” has been part of Canadian tax lexicon for over a century. The 1917 Income War Tax Act allowed at para. 3(1)(a) a deduction in the computation of income for “such reasonable allowance as may be allowed by...

Selling your partnership interest? The possible impact of subsections 100(1) and (2) of the Income Tax Act

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