


Tax
McMillan’s Tax Group is a leading source of tax advice in Canada, engaging with companies from a range of industries, including the financial, automotive, pharmaceutical, private equity and natural resources sectors. As one of the top tax law firms in Canada our tax lawyers have been recognized as leading advisers by The International Tax Review, The Martindale-Hubbell Legal Directory, The Legal 500 and The Canadian Legal LEXPERT Directory.
With expertise in substantive tax law, tax administration, court procedure and tax policy, our tax team prioritizes understanding the clients’ business objectives to provide effective advisement and minimize the tax risk associated with our clients’ domestic and international business activities.
McMillan’s tax lawyers are recognized leaders in helping clients manage complex sales and commodity tax challenges. We provide clients with pragmatic advice on matters relating to customs duties, harmonized sales tax (HST), goods and services tax (GST), Quebec sales tax, British Columbia provincial sales tax, federal excise tax and duties, provincial land transfer taxes and other provincial taxes, such as those on gasoline, fuel and tobacco.
Our expertise doesn’t stop at the 49th parallel. McMillan’s Tax Group is one of Canada’s leading cross-border taxation practices with extensive experience implementing a full range of cross-border transactions, including mergers and acquisitions, financings, reorganizations and spin-offs.
McMillan provides comprehensive Canadian business tax advice on:
- International tax law advisement and planning for Canadian enterprises
- Optimizing the tax efficiency of foreign enterprises’ Canadian operations
- Guiding the tax structuring of mergers and acquisitions, and commercial reorganizations
- Transfer pricing matters
- Tax-efficient structuring of corporate finance and capital markets transactions
- Sales and commodity taxation matters, including GHT/HST compliance measures and ruling requests, voluntary disclosures, audits, objections and appeals, and advising on specialized tax legislation
- Advance ruling requests, voluntary disclosures, audits, objections and appeals
- Federal and provincial payroll taxes.
We also advise clients at every stage of the tax dispute resolution process, from audits through to administrative appeals and court challenges, routinely enjoying great success in resolving tax disputes with Canada’s federal and provincial revenue authorities.
McMillan’s Tax Litigation and Advocacy team combines expertise in tax administration, court procedure, substantive tax law and tax policy to assist with audits, and provide expert advice on administrative appeals and court challenges. Our tax litigators are tireless advocates as well as highly experienced practitioners with broad tax litigation experience gained from appearing before all levels of Canadian courts.
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Insights (127 Posts)
Budget 2023: Clean Energy Incentives and Resource Sector Measures
Budget 2023, announced by the Federal Government on March 28, 2023, contains several measures aimed at facilitating Canada’s transition to a net-zero economy
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Mar 31, 2023
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Budget 2023: An Expanded General Anti-Avoidance Rule is on the Horizon
The Income Tax Act (Canada) contains a General Anti-Avoidance Rule that disallows tax benefits arising from certain tax-motivated transactions
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Mar 31, 2023
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Budget 2023: Alternative Minimum Tax
Budget 2023 proposes the first major changes to the Alternative Minimum Tax (the “AMT”) since its introduction in 1986
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Mar 31, 2023
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Budget 2023: Proposed GST/HST Amendments Affect the Scope of Financial Services
Budget 2023 proposes to amend the Excise Tax Act (the “ETA”) to expressly subject supplies of “payment card network” services to Goods and Services Tax/Harmonized Sales Tax (“GST/HST”).
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Mar 31, 2023
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Budget 2023: Employee Ownership Trust Measures Unveiled
Consistent with the Federal Government’s (the “Government”) prior statements in Budget 2022, Budget 2023 proposes amendments to the Income Tax Act (Canada)
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Mar 31, 2023
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Canada’s Budget 2023: Compromise and Competition – Climate, Carbon and CCfDs
An update on Canada’s Budget 2023 and the future of carbon contracts for differences (CCfDs) in Canada.
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Mar 29, 2023
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Real Estate Fund Capital Raising, Structuring a Real Estate Development Deal, Registration Requirements and Tax Considerations
Join us for a breakfast session discussing key issues for funds, asset managers, developers and exempt market dealers in the real estate industry.
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Wednesday, March 8, 2023
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CRA Issues Guidance on Critical Mineral Exploration Tax Credit and Certification Requirements
Canada Revenue Agency Issues Guidance on 30% Critical Mineral Exploration Tax Credit and Certification Requirements
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Oct 19, 2022
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Can they really do that? Understanding the limits of governmental permitting and compliance powers
While every company strives to achieve constructive relations with regulators, sometimes this is not enough. In such cases, understanding the rules that apply to regulators and the limits of their powers can be essential to levelling the playing field.
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Wednesday, November 9, 2022
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Budget 2022: Significant Changes to the Administration of Charities are on the Horizon
Significant Changes to the Administration of Charities
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Apr 12, 2022
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Budget 2022: New Investment Income Anti-Deferral Measures – Introducing the “Substantive CCPC”
Introducing the “Substantive” CCPC
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Apr 12, 2022
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Budget 2022: Significant Changes to the Flow-Through Share Program Unveiled
Budget 2022: Changes to the Flow-Through Share Program Unveiled
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Apr 11, 2022
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What the Pending Luxury Tax Means to High-End Retail Vehicle Dealers and Their Financing Entities
An overview of the proposed Luxury Tax on vehicle transactions, focusing on the practical implications and concerns for high-end retail vehicle dealers.
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Apr 8, 2022
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Not Yet Cleared for Takeoff: Draft Canadian Luxury Tax Legislation Raises Concerns for the Aviation Industry
On March 11, 2022, the federal Department of Finance released draft legislative proposals to implement the proposed Luxury Tax.
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Mar 25, 2022
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Remote Working Arrangements: Tax Planning & Pitfalls
Discussion of tax considerations related to remote working arrangements such as appropriate payroll withholding rates and permanent establishment issues.
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Feb 8, 2022
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Practical Considerations for Structuring Private REITs
Despite volatility, the market for Canadian REITs continues to rally creating opportunity for new players in a number of asset classes. This webinar focuses on the practical considerations for structuring private REITs.
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Tuesday, November 9, 2021
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Oral Agreements Worth More Than the Paper They’re Written On
The Federal Court recently ruled that taxpayers may be required to disclose descriptions of records that should have been kept, including oral contracts.
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Oct 4, 2021
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Supreme Court of Canada Confirms: CCAA Super-Priority Charges Rank Ahead of CRA’s Deemed Trusts
Canada v. Canada North Group Inc. provided much needed clarity regarding the order of priority for unremitted source deductions in restructuring proceedings.
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Sep 17, 2021
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Clipping Wings and Stalling Engines: The proposed Canadian federal luxury tax raises issues for vendors, manufacturers, service providers and consumers
Proposed Canadian federal luxury tax raises issues for the aviation, automotive and boat industries
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Aug 24, 2021
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Reverse Vesting Orders – A Powerful Tool for Maximizing Recovery in Complex Insolvencies
How reverse vesting orders (RVOs) offer another tool for realizing value for stakeholders in Companies' Creditors Arrangement Act (CCAA) proceedings.
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May 19, 2021
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Budget 2021: Proposed Excise Taxes and Duties Amendments, and Imposition of New Luxury Sales Tax
Budget 2021 proposes to update Canada's current excise tax and duties regime through changes to both the Excise Tax Act and Excise Act, 2001.
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Apr 30, 2021
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Budget 2021: Government Targets Strategies to Avoid Tax Debts
Budget 2021 proposes new legislation to target strategies to avoid tax liabilities that would otherwise arise under section 160 of the Income Tax Act.
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Apr 23, 2021
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Budget 2021: Immediate Expensing for CCPCs, Accelerated CCA for Clean Energy Equipment, and Rate Reductions for Zero-Emission Technology Manufacturers
The Federal government announced a number of tax proposals in Budget 2021 attempting to encourage targeted business investment in the "green economy".
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Apr 23, 2021
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Budget 2021: Proposed Limitations on “Excessive” Interest Deductions
Budget 2021 proposes significant new limitations on business interest deductibility commencing January 1, 2023.
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Apr 23, 2021
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Budget 2021: Government Targets Hybrid Mismatch Arrangements
Budget 2021 proposes new legislation to target hybrid mismatch arrangements
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Apr 23, 2021
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Budget 2021: Proposed GST/HST Amendments
Budget 2021 proposes amendments to the GST/HST including the e-commerce regime and the new housing rebate.
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Apr 23, 2021
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Budget 2021: CRA to be Granted the Authority to Compel Oral Responses
Budget 2021 proposes to grant the Canada Revenue Agency the authority to demand oral responses in the course of an audit.
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Apr 23, 2021
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Budget 2021: “Registered Investment” Taxation Rules Relaxed
Budget 2021 announced legislative changes that will provide welcome relief to trusts and corporations that are “registered investments”.
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Apr 23, 2021
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Budget 2021: Extension of Wage & Rent Subsidies
Budget 2021 proposes the extension of both the Canada Emergency Wage Subsidy (“CEWS”) and the Canada Emergency Rent Subsidy (“CERS”).
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Apr 23, 2021
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Budget 2021: Expansion of Mandatory Disclosure Rules
Budget 2021 proposes to significantly expand the mandatory disclosure rules contained in the Income Tax Act.
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Apr 23, 2021
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CRA Simplifies Process for Deducting Work from Home Expenses
The CRA has announced two new permitted approaches for employers to claim deductions in respect of home office expenses incurred in 2020.
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Dec 22, 2020
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Finance Releases Draft Legislation to Enact Flow-Through Share Amendments
The Department of Finance has released draft legislative proposals extending deadlines to expend capital raised through certain flow-through share issuances.
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Dec 21, 2020
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Quebec Government Mandates Disclosure of Nominee Agreements
The Quebec Government has mandated disclosure of nominee agreements and disclosures must be filed beginning December 23, 2020.
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Dec 3, 2020
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Government Proposes Relief for Issuers of Flow-Through Shares
This article discusses the government's proposal to extend the time for junior mining companies to spend amounts raised on issuance of flow-through shares.
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Jul 28, 2020
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Heading for the Exit: Preparation for the Sale of your Business
Heading for the Exit: Preparation for the Sale of your Business
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Jul 27, 2020
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Government Proposes Fundamental Changes to the Canada Emergency Wage Subsidy
This article provides a detailed analysis of the proposed changes to the Canada Emergency Wage Subsidy announced by the Government on July 17, 2020.
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Jul 21, 2020
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Budget 2019: Government seesawing on taxation of stock options
Budget 2019 announced the Government's intention to introduce an annual cap of $200,000 on employee stock option grants that may be eligible for tax-preferred
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Jul 21, 2020
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Will CRA Pursue Directors for Deferred GST/HST?
We discuss steps corporate directors can take to protect themselves from personal liability for deferred GST/HST remittances.
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Jun 10, 2020
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Court Dismisses Interim Relief Sought by Homeowners Currently Challenging the Speculation and Vacancy Tax Act
In November 2018, British Columbia’s provincial government introduced the Speculation and Vacancy Tax Act[1] (the “Act”).
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May 22, 2020
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Government Expands Entitlement to the Canada Emergency Wage Subsidy
Government Expands Entitlement to the Canada Emergency Wage Subsidy
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May 20, 2020
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Calculating the CEWS: Meaning of “Leave With Pay” Leaves Questions Unanswered
As part of the Canada Emergency Wage Subsidy, employers with eligible employees on "leave with pay" can potentially claim an increased subsidy.
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Apr 23, 2020
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Federal Government Broadens Access to the Canada Emergency Response Benefit and Proposes Wage Support for Essential Workers
The federal government is expanding CERB access and proposes to help with wages of essential employees.
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Apr 17, 2020
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The Canada Emergency Wage Subsidy: Increased Assistance on the Horizon
The Canada Emergency Wage Subsidy offers government subsidies of up to 75% of qualifying employee wages.
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Apr 13, 2020
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Corporate Directors Beware – Trap Lurks Beneath the Surface of Recent COVID-19 GST-HST-QST Remittance Relief
Directors liability, COVID-19, tax relief, GST, HST, QST.
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Mar 31, 2020
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Coronavirus: Harbinger of a New (Old) Approach to Restructuring in Canada?
Restructuring options and challenges in the time of COVID-19.
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Mar 20, 2020
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Managing Tax Matters in the Midst of the COVID-19 Pandemic
As the COVID19 pandemic disrupts business operations around the world, inhouse tax professionals must strive to adapt to rapidly changing tax requirements and new compliance challenges.
Mar 6, 2020
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Finance Puts the Brakes on Proposed Employee Stock Option Amendments
Department of Finance issued a release on December 19, 2019 advising that the stock option amendments would not come into effect as of January 1, 2020.
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Dec 19, 2019
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Canada Ratifies the Multilateral Instrument
On June 7, 2017, Canada along with numerous other jurisdictions signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting.
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Sep 5, 2019
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The Next Phase of Canadian Cannabis: What to Expect in 2019 and Beyond
On June 14, 2019, Health Canada unveiled its Final Regulations for New Cannabis Products
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Jun 21, 2019
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Budget 2019: New Excise Duty Regime For Three New Classes of Legalized Cannabis Products, and GST/HST Amendments for Health Care and Zero-Emission Passenger Vehicles
Currently, under the Cannabis Act,[1] there are five classes of legal cannabis, namely, fresh/dried cannabis, cannabis oil, cannabis plant seeds, and cannabis plants.
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Mar 29, 2019
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What’s in a name – the USMCA is the new NAFTA
On the surface, NAFTA was set aside, replaced by the United States-Mexico-Canada Agreement (USMCA). Look more deeply, and there's evidence that much of the substance of NAFTA remains.
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Oct 4, 2018
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Finance Proposes Amendments to Limit Holding Company – Input Tax Credit Claims (“ITC”) and Seeks Consultations on Further Possible Changes
Dept of Fin proposed amendments describing conditions for when taxable acquisitions imports of property or services by holding companies could make ITC claims
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Aug 7, 2018
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Significant Changes for Businesses Making Taxable Supplies into Québec
A proposal to amend the QST Act in the 2018 Québec budget will impose QST registration and collection agent compliance obligations on out-of-province businesses
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Jul 10, 2018
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Budget 2018: Tempered Private Company Passive Investment Income Changes Unveiled
Budget 2018 introduced measures to limit the tax deferral advantages perceived to be afforded to private company investment income.
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Mar 9, 2018
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Budget 2018: A Blast from the Past – Tiered-Partnership Trap Reinstated
Budget 2018 proposes to tighten so-called "at-risk" rules in the Income Tax Act to limit losses that may flow through a tiered limited partnership structure.
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Mar 8, 2018
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Budget 2018: Cross Border Tax Planning Measures Targeted
Budget 2018 introduced several international tax measures designed to address certain taxpayer transactions.
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Mar 7, 2018
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Budget 2018: Cannabis Taxation Plans Move Forward
Budget 2018 plans to tax cannabis and will include the full range of regular taxes such as income tax on business profits, GST on product sales and the property taxes and licence fees
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Mar 6, 2018
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Budget 2018: Reassessment Periods and Information Sharing Expanded
Budget 2018 to amend the Income Tax Act to afford Canada Revenue Agency time to reassess certain taxpayers and more latitude to share information with foreign authorities
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Mar 5, 2018
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Budget 2018: Government Proceeds with “Investment Limited Partnership” GST/HST Measures and Holding Corporation Consultations
Budget 2018 reaffirms Government desire to subject services rendered by general partners of investment limited partnerships to GST/HST treatment and intention to examine holding corporation rule
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Mar 4, 2018
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Budget 2018: Mineral Exploration Tax Credit Extended and Tax Support for Clean Energy Expanded
Budget 2018 extends mineral exploration tax credit for so-called flow through shares for another year and eligibility for accelerated capital cost allowances for investments in clean energy equipment
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Mar 2, 2018
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2018 BC Provincial Budget Takes Aim at Real Estate Market
On February 20, 2018, the current BC Government introduced its 2018 British Columbia Provincial Budget (the “Budget”) which contained a number of measures targeting the local real estate market.
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Feb 20, 2018
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Your Halloween Edition: The Ghost of the Terminated GST/HST Deemed Trust
Your Halloween Edition: The Ghost of the Terminated GST/HST Deemed Trust
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Nov 2, 2017
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Private Corporation Tax Proposals: “Striking a Balance” or Introducing Greater Complexity?
Private Corporation Tax Proposals: "Striking a Balance" or Introducing Greater Complexity?
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Oct 19, 2017
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A New Tax on Investment Funds: Distributions to General Partners (GPs) of “Investment Limited Partnerships” Possibly Subject to GST/HST
A New Tax on Investment Funds: Distributions to General Partners (GPs) of "Investment Limited Partnerships" Possibly Subject to GST/HST
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Oct 2, 2017
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Quebec Retail Sales Tax Act Repealed 25 Years Ago Is Still Relevant For Determining ITC Recapture
Quebec Retail Sales Tax Act Repealed 25 Years Ago Is Still Relevant For Determining ITC Recapture
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Sep 14, 2017
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Supreme Court Justices Drop the Gloves Over Tariff Classification
Supreme Court Justices Drop the Gloves Over Tariff Classification
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Sep 13, 2017
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Ontario Government to Grow LCBO: Recreational Cannabis to be sold at Government Stores
Ontario Government to Grow LCBO: Recreational Cannabis to be sold at Government Stores
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Sep 8, 2017
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Further Changes to Ontario’s Land Transfer Tax Regime: Trust and Partnership Transparency on the Chopping Block
Further Changes to Ontario's Land Transfer Tax Regime: Trust and Partnership Transparency on the Chopping Block
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Jul 15, 2017
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Federal Government Proposes Fundamental Changes to the Voluntary Disclosures Program
Federal Government Proposes Fundamental Changes to the Voluntary Disclosures Program
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Jul 11, 2017
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The Canada Revenue Agency Proposes Draft Memorandum for Voluntary Disclosures Involving GST/HST and Other Excise Tax Matters
The Canada Revenue Agency Proposes Draft Memorandum for Voluntary Disclosures Involving GST/HST and Other Excise Tax Matters
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Jul 11, 2017
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Budget 2017: Timing of Recognition of Gains and Losses on Derivatives
Budget 2017: Timing of Recognition of Gains and Losses on Derivatives
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Mar 29, 2017
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Budget 2017: Proposed GST/HST Amendments
Budget 2017: Proposed GST/HST Amendments: GST/HST rules and are intended to level the playing field
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Mar 28, 2017
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Budget 2017: New Rules Governing the Taxation of Segregated Funds
Budget 2017: New Rules Governing the Taxation of Segregated Funds
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Mar 28, 2017
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Budget 2017: Tax Changes Affecting the Resource Industries
Budget 2017: Tax Changes Affecting the Resource affecting the oil & gas and mining industries
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Mar 28, 2017
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Budget 2017: “Switch” Fund Reorganization Rules Introduced
Budget 2017: "Switch" Fund Reorganization Rules Introduced
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Mar 15, 2017
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Club Intrawest: Is it a supply? If so, what is the supply and where is it made?
Club Intrawest: Is it a supply? If so, what is the supply and where is it made?
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Feb 8, 2017
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Doing Business in Canada – Key Canadian Tax Considerations
Doing Business in Canada - Key Canadian Tax Considerations
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Feb 8, 2017
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Canada Revenue Agency Poised to Limit Access to the Voluntary Disclosures Program
Canada Revenue Agency Poised to Limit Access to the Voluntary Disclosures Program
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Dec 29, 2016
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Ontario Increases Land Transfer Tax Rates
Ontario Increases Land Transfer Tax Rates
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Nov 17, 2016
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Canada and Israel Enter into New Income Tax Convention
Canada and Israel Enter into New Income Tax Convention
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Oct 4, 2016
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Proposed GST/HST changes for investment limited partnerships and other investment funds
Proposed GST/HST changes for investment limited partnerships and other investment funds
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Aug 18, 2016
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Offshore Investment Fund Property Rules Clarified by the Tax Court
Offshore Investment Fund Property Rules Clarified by the Tax Court
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Jul 28, 2016
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Senate Committee Report Promotes Dismantling Internal Trade Barriers within Canada
Senate Committee Report Promotes Dismantling Internal Trade Barriers within Canada
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Jul 16, 2016
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Let the Good Times Roll: Court Allows the Free Flow of Liquor Across Provincial Borders
Let the Good Times Roll: Court Allows the Free Flow of Liquor Across Provincial Borders
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Jul 13, 2016
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Budget 2016: Reporting of “Grandfathered” New Home Sales
Budget 2016: Reporting of Grandfathered New Home Sales
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Apr 1, 2016
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New Québec Tax Certificate Requirement for Québec Construction Contractors and Employee Placement Agencies
New Québec Tax Certificate Requirement for Québec Construction Contractors and Employee Placement Agencies
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Mar 31, 2016
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Budget 2016: Expanding Tax Support For Clean Energy
Budget 2016: Expanding Tax Support For Clean Energy
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Mar 31, 2016
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Budget 2016: Canadian Resource Taxation Proposals
Budget 2016: Canadian Resource Taxation Proposals
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Mar 31, 2016
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Budget 2016: Labour-Sponsored Venture Capital Corporations Tax Credit Re-Introduced
Budget 2016: Labour-Sponsored Venture Capital Corporations Tax Credit Re-Introduced
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Mar 31, 2016
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Budget 2016: Debt Parking Rules Expanded to Address Foreign Currency Denominated Debts
Budget 2016: debt parking rules expanded to address foreign currency denominated debts
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Mar 31, 2016
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Budget 2016: Reversal of Previously Announced Tax Exemption for Charitable Donations
Budget 2016: Reversal of Previously Announced Tax Exemption for Charitable Donations
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Mar 31, 2016
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Budget 2016: Taxation of Emissions Trading Activities Clarified
Budget 2016: Taxation of Emissions Trading Activities Clarified
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Mar 31, 2016
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Budget 2016: Significant Changes to the Taxation of Linked Notes Announced
Budget 2016 – Significant Changes to the Taxation of Linked Notes Announced
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Mar 31, 2016
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Budget 2016: Eligible Capital Property Rules Revamped
Budget 2016: Eligible Capital Property Rules Revamped
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Mar 31, 2016
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Budget 2016: Small Business Gets Smaller
Budget 2016: Small Business Gets Smaller
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Mar 31, 2016
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Budget 2016: New Rules Targeting “Back-To-Back” Arrangements
Budget 2016: New Rules Targeting “Back-To-Back” Arrangements
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Mar 31, 2016
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Budget 2016: New Rules Governing the Taxation of “Switch Fund” Shares
Budget 2016 – New Rules Governing the Taxation of “Switch Fund” Shares
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Mar 31, 2016
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Budget 2016: Significant International Tax Proposals Unveiled
Budget 2016: Significant International Tax Proposals Unveiled
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Mar 31, 2016
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Budget 2016: GST / HST Changes Affecting Charities
Budget 2016: GST / HST Changes Affecting Charities
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Mar 31, 2016
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Budget 2016: Proposed GST/HST Amendments
Budget 2016: Proposed GST/HST Amendments
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Mar 31, 2016
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Misrepresentation Defines the Limit of Reassessing Beyond the Limitation Period: Inwest Investments Ltd. v. Canada, Canadian Tax Journal, (2015) Vol. 63, No. 4.
Misrepresentation Defines the Limit of Reassessing Beyond the Limitation Period: Inwest Investments Ltd. v. Canada, Canadian Tax Journal, (2015) Vol. 63, No. 4.
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Feb 3, 2016
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Number of Voluntary Disclosures Continues to Increase
Number of Voluntary Disclosures Continues to Increase
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Feb 2, 2016
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Tax Withholding Obligations of Non-Resident Employers: Further Exemption Details Released
Tax Withholding Obligations of Non-Resident Employers: Further Exemption Details Released
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Jan 28, 2016
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Taiwan – Canada Tax Arrangement Released
Taiwan – Canada Tax Arrangement Released
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Jan 25, 2016
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Are Changes to the Flow-Through Share Regime Around the Corner?
Are Changes to the Flow-Through Share Regime Around the Corner?
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Dec 10, 2015
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New Governments First Round of Tax Changes Introduced in Parliament
New Governments First Round of Tax Changes Introduced in Parliament
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Dec 9, 2015
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Significant Tax Changes on the Horizon
Significant Tax Changes on the Horizon
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Nov 20, 2015
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The New Home HST Rebate – Beware the Traps for the Unwary
The New Home HST Rebate – Beware the Traps for the Unwary
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Oct 28, 2015
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Central Management and Control Determines the Residency of a Trust for Provincial Tax Purposes
Central Management and Control Determines the Residency of a Trust for Provincial Tax Purposes
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Oct 16, 2015
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Shining a Light on Solar Panels: Government Promotion of Renewable Energy Leads to Trade Disputes and Trade Remedies
Shining a Light on Solar Panels: Government Promotion of Renewable Energy Leads to Trade Disputes and Trade Remedies
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Oct 2, 2015
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Third Party Penalties under the Income Tax Act Survive Constitutional Challenge
Third Party Penalties under the Income Tax Act Survive Constitutional Challenge
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Sep 1, 2015
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Windfalls in the Tax Court
A former land developer in Henco Industries Limited v. The Queen successfully argued before the Tax Court that a $15.8 million payment from the Ontario government should be characterized as a non-taxable capital receipt and a separate payment of $650,000 from the Ontario government should be characterized as a non-taxable windfall.
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Aug 20, 2015
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Government can Impose Penalties on Large Businesses for Deficiently Reporting Recapture of Input Tax Credits (“ITCs”)
Generally, "large businesses" can recapture ITCs relating to the Ontario and Prince Edward Island portion of the HST payable re some property and services
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Aug 19, 2015
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Reduction of Input Tax Credit (“ITC”) Recapture Rate for Ontario Portion of HST (“OHST”) starting July 1, 2015
Reduction of Input Tax Credit ("ITC") Recapture Rate for Ontario Portion of HST ("OHST") starting July 1, 2015
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Jul 9, 2015
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Budget 2015: Tax-Free Savings Accounts – A Welcome Contribution Limit Increase, but “Prohibited Investment” Rules Remain a Concern
Budget 2015 proposes to increase the TFSA annual contribution limit from January 1, 2015. The TFSA annual contribution limit will no longer be indexed to inflation.
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Apr 29, 2015
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Budget 2015: Incentivizing Charitable Giving and Easing Investment Restrictions on Charities and RCAAAs
Budget 2015 announced three proposals to amend the Income Tax Act (Canada) that are designed to further incentivize charitable giving to registered charities and other "qualified donees".
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Apr 28, 2015
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Budget 2015 – “Surplus Stripping” Anti-Avoidance Rule
Budget 2015 – "Surplus Stripping" Anti-Avoidance Rule
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Apr 28, 2015
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Budget 2015: RRIF Withdrawal Requirements Adjusted to Better Reflect Current Realities
Budget 2015: RRIF Withdrawal Requirements Adjusted to Better Reflect Current Realities
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Apr 28, 2015
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Budget 2015: Changes and Consultations Affecting the Taxation of Businesses
Budget 2015: Changes and Consultations Affecting the Taxation of Businesses
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Apr 28, 2015
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Budget 2015: Penalties for Tax Reporting Failures Modified
Budget 2015: Penalties for Tax Reporting Failures Modified
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Apr 28, 2015
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Budget 2015: New Rules Target “Synthetic Equity Arrangements”
Budget 2015: New Rules Target "Synthetic Equity Arrangements"
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Apr 28, 2015
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Budget 2015: International Tax – Tackling Administrative Challenges
Budget 2015: International Tax - Tackling Administrative Challenges
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Apr 28, 2015
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Changes to the Taxation of Resource Industries
The Government announced changes to the Cdn resource sector. First, the super flow-through share program; second costs of enviro studies and community consults
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Mar 4, 2015
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Budget 2014: Consultation on Eligible Capital Property
Budget 2014: Consultation on Eligible Capital Property
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Feb 14, 2014
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Budget 2013: international tax compliance
Budget 2013: international tax compliance
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Mar 26, 2013
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