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Tax laws

Tax Disputes & Litigation

Canadian Man Finds Unique Way to Challenge Tax Laws

A Canadian taxpayer recently found a unique way to challenge the Canada Revenue Agency (CRA) after the agency denied him the costs of a move from Whitby Ontario to Ottawa Ontario. After researching precendent-setting Tax Court decisions, the man ended up moving his belongings by packing them into a canoe and then paddling up the Rideau Canal. The Income Tax Act and Moving Expenses Under the Income Tax Act, (the Act), a taxpayer can claim moving… Read More

Tax reform- palm trees

Corporate Tax Planning

Recent Jump in Residents Moving from New England to Florida Following Tax Reform

Since the Trump administration’s introduction of the Tax Cuts and Jobs Act in 2017, we have been regularly posting about the new legislation and the impact the tax reform has had on American taxpayers. This week we continue our blog series with a look at how the new tax law may have affected moving trends, particularly of residents from the northeastern states where there are higher taxes, to states such as Florida, which has… Read More

Surrogacy

Tax Disputes & Litigation

Couple Files Charter Claim Against CRA Over Costs of Surrogacy

A couple from Nova Scotia whose child was born via a surrogate earlier this year are pursuing a Charter challenge against the Canada Revenue Agency, on the basis that Income Tax Act treats parents of children born through surrogacy differently than adoptive parents, creating an inequality. The parents argue that the current provisions in the Act do not allow families using surrogates to recoup their legal and other costs. Surrogacy, Adoption, and Tax Credits in Canada… Read More

Wealth tax

Corporate Tax Planning

A Look at Wealth Tax Proposals in Canada and the U.S.

Ahead of Canada’s federal election last week, we blogged about the tax platforms of Canada’s three largest political parties. One of them, the NDP, had introduced several proposed tax reforms, including a “super-wealth tax“, which would apply a 1% tax rate to any individuals with more than $20 million in wealth. South of the border, Massachusetts Senator Elizabeth Warren, who is rapidly becoming a front runner for the Democratic presidential candidate in next… Read More

Federal election

Corporate Tax Planning

Canada’s Federal Election: What Will it Mean for Your Taxes?

Canada’s federal election is happening on Monday, October 21. What are the top three parties promising in terms of tax proposals and how will this impact Canadians? The Liberals Personal Tax Rates Part of the Liberals’ platform includes a 15% increase in the basic personal tax amount, bringing it to $15,000 by 2023. This amount will be phased out for high-net-worth individuals in the second-highest tax bracket (with income of more than $147,667), and fully… Read More