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Month: January 2022

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TFSAs: Whether to Designate a Beneficiary or a Successor Holder ?

Posted on Jan 28, 2022January 29, 2022

If you want your spouse or common-law partner to inherit your Tax-Free Savings Account (“TFSA”) you have two designation options. You can name then as

Read MoreTFSAs: Whether to Designate a Beneficiary or a Successor Holder ?

Court of Appeal Upholds CRA’s Assessment that Profit From a Quick Sale of Lots Was Business Income not Capital Gains

Posted on Jan 24, 2022May 1, 2023

The Federal Court of Appeal recently confirmed a CRA assessment against a real estate developer, that profit from a quick sale of real property lots

Read MoreCourt of Appeal Upholds CRA’s Assessment that Profit From a Quick Sale of Lots Was Business Income not Capital Gains

Loblaws Wins Tax Appeal in Barbados Subsidiary Case

Posted on Jan 10, 2022July 11, 2022

The Supreme Court of Canada recently ruled unanimously in Loblaws’ favour that income generated by a Barbados subsidiary of Loblaws was not taxable in Canada

Read MoreLoblaws Wins Tax Appeal in Barbados Subsidiary Case

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