I’ve been writing about detaxers for sometime. You would have thought their nonsense had been exposed long ago, not least because the tax courts have had no trouble dismissing their claims. Apparently not, however. The Canadian Bar Association is actually…
The rectification saga
The rectification saga continues. From Timothy Fitzsimmons’ summary of Fairmont Hotels Inc. et al v AG (Canada), 2014 ONSC 7302: Fairmont relied on the Ontario Court of Appeal decision in Juliar for the principle that the exact method to achieve…
Estate freezes and accounting
KPMG reports that If you’re a business owner and you have carried out an estate freeze to fix the value of your shares in the business so that future growth accrues to the benefit of other family members, you may…
HST and damages
Greg Sawatsky has written a helpful summary of the HST rules applying to certain payments of damages.
Brogan
Craig Burley has written a brief summary of Canada (Atty-General) v Brogan Family Trust, 2014 ONSC 6354, a recent case on rectification. I’m skeptical of the idea that the CRA has no interest in a rectification application if it is…
HST diversion
The CRA just tweeted “Is the GST number on your invoice valid? Find out by using the GST/HST registry at http://t.co/LCmyRdCTqQ #GST #HST”. I’ve posted about the registry before, but why would you bother to check? You would care because,…
Tax preparer punishment
Here’s some good news for a change: “Tax preparer given an 18-month conditional sentence and a $377,024 fine for filing false tax returns.” I’ve seen too many cases where unscrupulous preparers file false returns for clueless taxpayers who are left…
Being Digital
From “Paperless Tip” at Lawyerist.com: Never ever ever send a Word file as “correspondence.” A Word file — or a WordPerfect, OpenOffice.org, or Pages file — is not a document. PDFs are documents. Word files are drafts. And sending a…
The ONCA: Not Until 2016
It appears the “new” Not-for-Profit Corporations Act, 2010 will not come into force before 2016 according to a post from early June on the Ministry of Government and Consumer Services website.
Henry IV, Pt 1 in news about tax
It’s not every lawyer who can plausibly quote Henry IV, Part 1, in an article on tax matters, but Neal Armstrong pulls it off in a recent post about MNR v Sifto Canada Corp, 2014 FCA 140. In Sifto, Sharlow…