by Lara Millar | Nov 13, 2024 | Blog
Case Comment on Chad v The King Transactions for lossNot seeking to make profitNo Income exists Justice Sommerfeldt of the Tax Court of Canada (“TCC”) handed down last week an important decision regarding transactions designed to generate losses in Chad v. The King,...
by Lara Millar | May 17, 2024 | Blog
Case Comment on DAC Investment Holdings Inc. v. The King Justice D’Arcy of the Tax Court of Canada (“TCC”) handed down last week an important decision regarding the General Anti-Avoidance Rule (“GAAR”) in DAC Investment Holdings Inc. v....
by Lara Millar | Mar 14, 2024 | Blog
So-Called Bare Trusts and Trust T3 Reporting; How CRA Over-reach May Cause Problems for Many Families There has been a fair amount of discussion in the press in recent weeks about the fact that for tax year 2023, so-called “Bare Trusts” must file tax...
by Lara Millar | Jan 24, 2024 | Blog
POAs Are Just As Important As Your Will! A recent CBC article uses real-life situations that families have faced when medical issues arise. The story clearly highlights the need for having a Power of Attorney (“POA”) so your loved ones can make medical...
by Lara Millar | Dec 14, 2023 | Blog
Deadlines Have the Word “dead’ in Them for A Reason Today the Tax Court of Canada (“TCC”) issued a decision addressing an issue that I often like to rant about: tax deadlines! In the matter of 2544375 Ontario Inc. v. The King...
by Lara Millar | Nov 8, 2023 | Blog
Case Comment on Gilchrist Properties Ltd. v. The King The Tax Court of Canada (“TCC”) released an interim decision on a Rule 53 motion from the Appellant. The object of the motion was to strike the Crown’s Reply, (the Crown’s pleadings) or for the matter...
