Government of Canada Clarifies Low-Interest Loans Following CAE The Government of Canada provided much-needed clarity on the issue of loans from public bodies in its Fall Statement. Context The Tax Court in CAE v. HMK [...]
UMMAT TAX LAW PC: MISSION STATEMENT We will strive to meet the needs of our clients and justify their trust in us. We will earn their loyalty and in so doing we will demonstrate how [...]
Bare Trust Reporting Requirements The Department of Finance announced additional reporting requirements in the 2018 Federal Budget, requiring some trusts to provide additional information on an annual basis as part of their tax filings. In [...]
Greenstreet v. HMQ 2019 TCC 237 Greenstreet Tax Court Decision Link Decision & Analysis This Tax Court decision involves investment income that the taxpayer did not believe was taxable because the CRA advised him back [...]
