T-crossing, i-dotting: Prevent tax missteps via Evans et al. v. The Attorney General of Canada

By Lorne Greenspoon and Alexander Caputo ( February 21, 2025, 9:41 AM EST) -- In Evans et al. v. The Attorney General of Canada, 2024 ONSC 1955, the Ontario Superior Court addressed an application for the rectification of a resolution made by the trustee of the Evans Family Trust. The resolution, which was intended to allocate $375,000 of taxable capital gains to the beneficiaries, failed to clearly specify the allocation of these capital gains, resulting in unintended tax consequences....
LexisNexis® Research Solutions

Related Sections