Tax cases of interest
Stay up-to-date with recent Court decisions on tax matters. Read about transfer pricing (Cameco) and FX trading losses (Paletta Estate).
Krumm versus The Queen decision clarifies tax shelter definition
Would property be a tax shelter if the tax attributes are communicated but the tax benefits are not? In Krumm, the TCC held that it would.
The Atlantic Packaging v The Queen: When procedure trumps substance
When appealing a case in Tax Court, taxpayers should frame issues right from the audit stage to have a solid litigation backup.
Restrictive covenant and the share sale veto right
The Canada Federal Court of Appeals decision in Pangaea raises new considerations on the definition of restrictive covenants.
FCA confirms that a space trip is taxable to company shareholders
Find out how shareholder benefits could arise and the potential income tax implications as a result of the In Laliberté vs Canada decision.