Moving manufacturing and processing (taxable income) to Yukon: This math is mathing!
I love math. I appreciate the coexistence of precision and ambiguity within math. I enjoy the patterns and randomness that present simultaneously within math. I smirk looking back at the quirky symbols and the superscripts and subscripts I once used […]
The GAAR reinforcements – What even is economic substance?
As part of its 35th anniversary celebrations, the general anti-avoidance rule is getting some renovations. New support beams are being installed and a paint job is planned as a package announced as part of the 2023 federal budget and then […]
Le caractére raisonnable du raisonnable
Le terme « raisonnable » fait partie de la terminologie de la fiscalité canadienne depuis plus d’un siècle. L’alinéa 3(1)(a) de la Loi de l’Impôt de Guerre sur le Revenu, 1917 stipule qu’il est possible de demander « telle déduction raisonnable qui peut […]
Short-term and taxable preferred shares: Think before you dividend
Introduction Dividend sits among the group of the most pleasant words in the English language. The crescendo of the single letter syllable in the middle of the word creates a satisfying enunciation when spoken. The connotation of the receipt of […]
Multiplying the capital gains exemption: WAIT – THEY GET THE MONEY??
You’re ready to sell your business. Excellent – congratulations on building something worth buying. You’ve had one of those family trust things around for several years. Thanks for following sound tax planning advice. You’re hearing now about multiplying the lifetime […]
Don’t let your dream vacation home become a tax nightmare
Do you have your eye on a villa in Tuscany or a ski chalet in Vermont? Or do you already head south to your beach house or condo in Florida to escape the Canadian winters? Before you jump into foreign […]
Family ties: The family shareholders’ agreement
Family (however you may personally define that term) is our common societal unit globally. The family business has long been a fundamental cog of the Canadian economy. Investing in both the family and the family business by entering a shareholders’ […]
Gel successoral : L’heure est venue
En raison de la pandémie de la COVID-19, plus de la moitié de la population mondiale vit dans une forme d’auto-isolement. Les directives des gouvernements provinciaux et territoriaux restreignent comme il se doit l’activité commerciale et sociale dans tout le […]
