Blog
Tax Disputes & Litigation
Supreme Court of Canada Clarifies Application of the General Anti-Avoidance Rule to Tax Treaty Exemption
The Supreme Court of Canada recently released a decision in which it had to determine whether the general anti-avoidance rule under Canadian tax legislation could be applied to a company that had claimed a tax exemption under a tax treaty with Luxembourg. American Company Incorporates Subsidiaries in Canada and Luxembourg In 2011, two American firms founded an American company for the purpose of acquiring and developing unconventional oil and natural gas properties. The company… Read More
Property
No Intention of Taxpayer to Flip Condo for Profit, Despite Less Than One Year of Possession: Tax Court
As a law firm assisting clients in both the United States and Canada, we have many clients who own property in each country and may sell their property for profit or continue to maintain personal homes on both sides of the border. It’s not uncommon for Canadians to move to the United States (and vice versa) for short or long timeframes. When doing so, that person might decide to sell their property in Canada. Read More
Personal Tax Planning
Canadian At Centre Of Alleged Tax Scheme
At Feigenbaum Law, we help clients establish personal and corporate tax strategies that are compliant with applicable laws and that take advantage of current and future opportunities to reduce tax burdens. This can be a nuanced practice, particularly when clients have businesses or personal interests in both the United States and Canada. It’s important for people looking to reduce their tax obligations to work with experienced and knowledgeable professionals to ensure everything is… Read More
Tax Planning
Looking at the Canadian Government’s Economic Plans as Parliament Gets Set to Return
With the Canadian federal election now close to two months behind us, the Liberal Government has sworn in a new cabinet and plans to return to the House of Commons later this month. An item on the minds of many Canadians is what to expect from next year’s budget and the government’s economic plans. Many Canadian businesses and individuals are still dealing with the fallout of the COVID-19 pandemic. The government will only be tabling… Read More
Sports & Entertainment
How College Athletes Are Being Compensated Following Supreme Court Ruling
In the final days of June 2021, the United States Supreme Court issued a landmark decision that paved the way for college athletes in the United States to be compensated beyond scholarships. We blogged about that decision in late June, and with major college sports such as football and basketball well underway, we wanted to take a moment to update our readers on how the NCAA, as well as college athletes, have responded… Read More