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Month: June 2021

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Case Results

Posted on Jun 29, 2021July 26, 2021

Case Results Below is a representative sample of the types of cases Norman MacDonald has handled. • The CRA assessed a taxpayer about $10 million

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Isle of Man Tax Avoidance Scheme a Sham Says the CRA

Posted on Jun 19, 2021July 11, 2022

The CBC recently reported on an offshore tax avoidance scheme in the Isle of Man set up and managed by international accounting firm KPMG, for

Read MoreIsle of Man Tax Avoidance Scheme a Sham Says the CRA

Make Sure You Know How Your GICs Are Taxed Before You Buy One

Posted on Jun 18, 2021May 1, 2023

If you are considering buying a guaranteed investment certificate (“GIC”) in Canada, you need to know how it will be taxed in order to know

Read MoreMake Sure You Know How Your GICs Are Taxed Before You Buy One

Barbados: The Preferred Tax Haven for Canadian Businesses

Posted on Jun 4, 2021June 5, 2021

Barbados continues to be the preferred tax haven for many Canadian businesses. Numerous Canadian companies have set up subsidiaries in Barbados to reduce or avoid

Read MoreBarbados: The Preferred Tax Haven for Canadian Businesses

Recent Posts

  • What if a Canadian Court orders me to bring my money home to pay creditors?
  • Why You Need An Offshore Trust If You Are Getting Married
  • Bare Trusts Exempt From 2023 Filing Requirements
  • Will an Offshore Trust Reduce My Tax Liability?
  • Beware of Professional Plaintiffs

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