Tax
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November 08, 2024
Are long-term disability payments taxable?
There can be a tax liability with long-term disability payments, and if an individual is forced to rely on long-term disability (LTD) insurance as an income replacement after an injury or disability, they may wonder if those payments are taxable. The answer depends on several factors.
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November 05, 2024
New counsel joins Gowling WLG
A recent news release from Gowling WLG announced the addition of John Campbell as counsel in the firm’s Toronto tax group.
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November 05, 2024
Draft amendments to Canada’s new trust reporting rules proposed
Only one year after implementing new reporting rules for trusts under the Income Tax Act, the federal government is already proposing a number of amendments to the reporting regime.
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November 04, 2024
Fed. Ct. judges take to YouTube to address bar’s & litigants’ non-disclosure of gen-AI court filings
Knowing that at least some (if not how many) lawyers and self-represented litigants are failing to disclose their use of ChatGPT or other generative artificial intelligence (AI) tools when they create content for documents filed in Federal Court, the national trial court has taken the novel step of posting YouTube videos, titled “Compliance with the Notice on the Use of Artificial Intelligence,” featuring judges who explain how to comply with the mandatory AI-use disclosure obligations the court imposed 10 months ago.
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November 04, 2024
Tax court judicial appointment announced
Minister of Justice and Attorney General of Canada Arif Virani has announced the appointment of Perry M.D. Derksen as a judge of the Tax Court of Canada, according to a Nov. 1 news release.
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November 04, 2024
GST/HST, CRA and weight loss surgery in Mexico
Media reports suggest more Canadians are seeking medical services outside of Canada, sometimes referred to as “medical tourism.” A common reason people travel for health-care services is weight loss. A popular medical technique for weight loss is bariatric surgery, which includes reducing the size of the stomach. Costs for the surgery at private clinics can exceed $25,000.
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November 01, 2024
Judicial council’s 1st ‘guidelines’ for AI use by judges & courts highlight risks, advise caution
The Canadian Judicial Council (CJC) is advising courts to exercise caution when using artificial intelligence (AI) tools given the potential risks, including entangling the judiciary in “legal complexities,” such as the infringement of copyright or violation of privacy laws.
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October 31, 2024
2 new partners join Gowling WLG
A recent news release from Gowling WLG announced the addition of Lesley Kim and Victoria Rodrigues as partners in the firm’s tax group in its Toronto office.
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October 31, 2024
First dealings exemption: How it can save on probate fees
While not mandatory, if there is a will, third-party institutions such as banks or the land registry office, when dealing with real property, typically require that probate be obtained in order to deal with the assets of the estate. Probate is the often-dreaded process where an estate trustee receives a Certificate of Appointment of Estate Trustee, which confirms their authority to administer the estate.
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October 31, 2024
AI’s (in)ability to reason and what it means for lawyers
One of the most difficult aspects of my role at Fasken is telling lawyers that their great idea for the use of artificial intelligence (AI) in their practice is not possible today and may not be possible for some time to come. (Note: Although not all AI is generative AI, for the purpose of this article, they’ll be used largely interchangeably as they often are in day-to-day life.)