Tax
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July 03, 2024
New partner for Aird & Berlis
Aird & Berlis has announced that Pavle Levkovic has joined the firm as a partner and member of litigation and construction groups.
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July 03, 2024
New associate joins Torkin Manes
A recent news release from Torkin Manes LLP announced the addition of Joseph Eid as an associate in the firm’s tax and private client services groups.
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June 28, 2024
SCC settles confusion in tax disputes about jurisdictional boundaries of Federal and Tax Courts
In judgments that clarify the jurisdictional boundaries between the Federal Court and the Tax Court in tax disputes, the Supreme Court of Canada has rejected separate appeals by two Canadian companies who challenged how their taxes were assessed by the Canada Revenue Agency (CRA).
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June 28, 2024
Veteran Toronto lawyer starts term as LSO treasurer
The Law Society of Ontario’s (LSO) new treasurer praised his predecessor, spoke of past accomplishments and talked about “ceremony, fellowship and policy.” The LSO’s June 28 Convocation featured remarks by newly elected treasurer Peter Wardle, a Toronto-based commercial litigation and professional liability lawyer who will serve in the role for the 2024-25 term.
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June 28, 2024
FEDERAL INCOME TAX — Duties and powers of Minister and officials — Tax Court of Canada — Federal Courts
Appeal by Dow Chemical Canada ULC (Dow Canada) from a judgment of the Federal Court of Appeal which determined that the Federal Court had exclusive jurisdiction to review the Minister of National Revenue’s (Minister) decisions under s. 247(10) of the Income Tax Act (ITA).
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June 27, 2024
Canada sanctions ‘extremist settler violence’ against Palestinians
Canada has imposed sanctions on seven Israelis and five entities in Israel “in response to the grave breach of international peace and security posed by their violent and destabilizing actions against Palestinian civilians and their property in the West Bank.”
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June 27, 2024
CRA warns legal action to recover pandemic benefit overpayments will begin in July
The Canada Revenue Agency (CRA) is warning that it will begin taking legal action in July against individuals who have not co-operated in returning overpayments from COVID-19 benefit programs, including the Canada Emergency Response Benefit (CERB).
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June 26, 2024
Tax Court rules no abuse in non-CCPC plan
On May 9, the Tax Court of Canada released the much-anticipated decision in DAC Investment Holdings Inc. v. The King, 2024 TCC 63 (DAC). The decision is the first judicial ruling on whether a corporate continuance effected in order to exit the Canadian-controlled private corporation (CCPC) tax regime constitutes abusive tax planning.
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June 25, 2024
Canada sanctions Hamas ‘financiers’ in response to Hamas’s Oct. 7 terror attacks in Israel
Declaring “we stand with the Israeli people and call for the immediate release of all hostages,” Foreign Affairs Minister Mélanie Joly announced dealings and entry bans of nine “financiers” of Hamas and Palestinian Islamic Jihad and two Hamas-affiliated financial exchange companies, “effective immediately.”
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June 24, 2024
Liberal government’s ‘intransigence’ and undue secrecy spurs litigation: information commissioner
A recent ruling from the Federal Court affirming a disclosure-of-government records order by Canada’s Information Commissioner illustrates the growth in litigation highlighted by the commissioner's 2023-24 annual report to Parliament, a litigation trend she says is fuelled by the Trudeau government’s court challenges and flouting of her legally binding orders.