Tax
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May 24, 2024
The proposed enhancement of CRA’s audit powers, part two: Unpacking the new non-compliance regime
In part one of this series (see below for the link), we discussed how Budget 2024 marks a significant turning point for the Canada Revenue Agency (CRA), introducing measures that substantially bolster its audit powers.
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May 24, 2024
Federal Court of Appeal upholds CRA decision to revoke fraternity’s charitable status
In its decision released on March 21, 2024, Sigma Chi Canadian Foundation v. Canada (Minister of National Revenue - M.N.R.), 2024 FCA 59, the Federal Court of Appeal (FCA) upheld the Minister of National Revenue’s (the minister) decision to revoke the charitable status of a fraternal organization, Sigma Chi Canadian Foundation, (the appellant).
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May 23, 2024
Ottawa proposes Citizenship Act reforms that create new framework for ‘citizenship by descent’
Ottawa has proposed an overhaul of the federal Citizenship Act, which the minority Liberal government says includes a new framework for “citizenship by descent,” going forward, that would allow persons born abroad to Canadians beyond the first generation to access Canadian citizenship based on a “substantial connection” to Canada.
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May 22, 2024
New CBSA system for importers to Canada to officially launch Oct. 21
The Canada Border Services Agency (CBSA) has announced an Oct. 21 external start date for its new Canada Assessment and Revenue Management (CARM) digital initiative for collecting duties and taxes on goods imported into Canada.
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May 22, 2024
New sanctions aimed at Russia–N. Korea arms trade for weapons used in illegal war on Ukraine
Two Russians and six Russian entities are targeted by the latest sanctions Canada has imposed in response to the Putin regime’s illegal war of aggression against Ukraine.
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May 21, 2024
How changes to capital gains could impact stock option compensation
There’s been a lot of discussion around the upcoming increase in the capital gains inclusion rate, announced in the federal budget. What we haven’t heard as much about, however, is the effect these changes could have on the taxation of stock options (optional: from both an employee and employer perspective).
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May 17, 2024
Ottawa announces construction of new federal courthouse complex in Montreal
The federal government has officially announced the construction of a new federal courthouse complex in the heart of Old Montreal.
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May 17, 2024
New partner joins Dentons Montreal
Sylvain Bélair has joined the Dentons Montreal office as a litigation and municipal planning partner, a news release from the firm announced.
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May 16, 2024
Canada sanctions ‘extremist Israeli settlers’ for violence against Palestinians in the West Bank
Ottawa has for the first time sanctioned “extremist Israeli settlers” with dealings and entry bans for “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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May 15, 2024
130-year-old Kingston firm welcomes new associate
After graduating from Dalhousie’s Schulich School of Law and articling in Nova Scotia, Sean Davidson is returning to his hometown of Kingston, Ont., to join Cunningham Swan Carty Little & Bonham LLP as an associate on the firm’s general litigation team.