“Planning is required before the deemed disposition rules apply.” Most inter-vivos trusts (trusts created during the creator’s…

“Filing a Partnership Return Ensures Partnership Income becomes Statute-Barred.” A Canadian partnership is required to file an…

“Shares or debt of corporations can be claimed as a loss..” A taxpayer that holds shares or…

“It is possible to restructure to allow a professional corporation to use the alternative method..” Professional individuals…

“When interest is deductible within a partnership and financing fees wind up after..” Members of a partnership…

“Be Aware of Changing a Principal Residence to Investment Property or Vice Versa.” It is not uncommon…

In a recent court case called Klotz, the judge for the Tax Court of Canada, Judge Bowman,…

“Free Meals and Gifts.” There was a recent case (McGoldrick), which dealt with employee benefits. The taxpayer…

“Advantages Received by the Donor.” Further to the recent Tax Tip (04-01), this tax tip on the…

“Government has limited access to donation receipts..” On Friday December 5, 2003 (“the announcement date”), the Department…