Blog
Personal Tax Planning
Nova Scotia Becoming Hot Market for International Home Buyers
We’ve previously blogged about non-resident home buyers and the impact that they have had on housing markets in some of Canada’s largest cities, including Toronto and Vancouver. We’ve also explored the various measures these jurisdictions have taken to address what many see as an increasing problem in an already overheated market. The ongoing and “intense discussion” around real estate has prompted the Canadian Housing Statistics Program… Read More
Personal Tax Planning
Foreign Buyer Challenging $249,000 Vacancy Tax Levied by City of Vancouver
A homeowner in Vancouver has sued the city after being subject to a $249,000 vacancy tax on a property on which she does not reside. The matter has reinvigorated debate and discussion about the impact of foreign buyers and vacant properties on a continually overpriced and hot housing market in Vancouver and other large centers across Canada. The Home at Issue The property at issue, a home located at 4749 Belmont Avenue, was sold for… Read More
Tax Disputes & Litigation
Mark Feigenbaum Files Appeal to the U.S. Supreme Court in High-Stakes Cross-Border Tax Issue
Our offices have recently filed a Writ of Certiorari, a request to appeal to the United States Supreme Court, asking that court to review lower court level decisions made with respect to a client who had significant IRS penalties levied against him. What Happened? Our client, an American who has lived in Canada since the 1970’s, had not filed any income tax statements in the U.S. since his relocation north of the border. The man… Read More
Litigation
Ontario Man Accused of Tax Fraud After Alleged Child Tax Credit Scheme
An Ontario man is facing allegations of tax fraud after allegedly claiming more than $60,000 in child tax credits for more than forty fictitious children. What Happened? The 39-year old man is facing four charges under the Income Tax Act. According to the Canada Revenue Agency, the man unlawfully claimed child tax benefits by “making, participating in, assenting to, or acquiescing in the making of a false or deceptive statement” to obtain Canada Child… Read More
Corporate Tax Planning
Uber Canada Reaches Settlement with the CRA in Sales-Tax Dispute
Earlier this year we blogged about a notice of appeal filed by Uber Canada Inc., the Canadian arm of Uber Technologies Inc., in which the company asked the Tax Court of Canada to vacate reassessments made against it by the CRA. Now, Uber Canada Inc. says that it has resolved their “administrative issue” with the CRA, consenting to a judgment on a without costs basis which would permit the company… Read More