blawgs

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. His Majesty the King (2024 TCC...

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 returns for the...

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 decisions for...

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...

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 to be...

The matter of BlackBerry Limited v. The King 2023 TCC 137[1] (hereinafter, “Blackberry”) is an interim judgement on a motion by the Crown to preclude two expert reports from being accepted into evidence by the Tax Court of Canada (“TCC”). We at Dominion Tax Law have...

Photo credit: SayCheeeeeese, CC0, via Wikimedia CommonsLast month, Finance Canada released their proposed legislation (the “Proposals”) for, among other things, the Clean Technology Investment Tax Credit (the “Clean Tech ITC”), an incentive first announced back in...