Insights Header image
Insights Header image
Insights Header image

Misrepresentation Defines the Limit of Reassessing Beyond the Limitation Period: Inwest Investments Ltd. v. Canada, Canadian Tax Journal, (2015) Vol. 63, No. 4.

February 2016 Tax Bulletin < 1 read

INTRODUCTION

Inwest Investments Ltd.51 came before the BC Supreme Court by way of a summary trial application and is one of several recent examples of bad judgment on the part of the CRA in litigating a reassessment with faint hope of success. The court found that the statutory limitation period applied to bar the CRA from reassessing the taxpayer.

Read more

Insights (5 Posts)View More

Featured Insight

Warning For Businesses: Companies Can be Liable for Tort of Bribery Even if They Did Not Intend to Pay or Receive a Bribe

Businesses with a duty to provide impartial advice must take steps to ensure the payments they make or receive are not later interpreted as bribes.

Read More
Apr 12, 2024
Featured Insight

Storm Clouds Looming: The Impact of Competition Act Changes on Leasing

The Affordable Housing and Groceries Act (Bill C-56) recently introduced changes to the Competition Act (Canada) which will govern all landlord and tenant leases and other agreements, not just those of grocery stores

Details
Tuesday, April 30, 2024
Featured Insight

Sidestepping Contracts: The Expansion of Environmental Liability Where The Contractor Is Not Paid

B.C. Court’s decision in Cordy Environmental Inc v Obsidian Energy Ltd opens the door for contractors to sue former owners/operators of contaminated sites.

Read More
Apr 12, 2024
Featured Insight

Amendments to Ontario’s Conservation Authorities Act: Effective April 1, 2024

On April 1, 2024, significant amendments to the Conservation Authorities Act came into effect.

Read More
Apr 10, 2024
Featured Insight

Foreign Investment in the EV Battery Market: Regulatory Framework in North America and Canada’s Strategic Edge

Explore Canada & U.S. electric vehicle battery market growth, incentives, and foreign investment regulations. Strategic insights for Indo-Pacific companies.

Read More
Apr 10, 2024