Tax Pitfalls in Buying and Selling a Business Buying or selling a business is often treated as a commercial transaction first and a tax transaction second. That is a mistake. In practice, many of the [...]
Greer v. HMK: Shareholder Benefit from Transfer of Real Property Upheld DECISION HERE Summary The two main issues to be resolved by the Tax Court of Canada (Tax Court) were a) was the Appellant Michale [...]
CRA Criticized for Questioning Taxpayer’s Business Judgment Jackman v. HMQ 2022 TCC 73 DECISION HERE Summary The Tax Court of Canada (“TCC”) was tasked with determining the value of a shareholder benefit, if any, in [...]
Trip to the International Space Station Found to be Personal Cirque du Soleil Founder Barred From Deducting Trip to Space Laliberté v. Canada 2020 FCA 97 Decision Here Summary This is about as interesting as [...]
