Source: Tax Law Link: SCC cites TaxChambers LLP lawyers in leading decision on hedging transactions On March 13, 2020, the Supreme Court of Canada released its decision in MacDonald v. The Queen 2020 SCC 6, which outlines a new framework for determining whether a scrutinized transaction represents hedging or speculation for tax purposes. In reachin
Source: Canada US Link: Ontario Attorney General Announces That Crown & Crown-Related Entities Must be Served Documents by E-Mail In response to COVID-19, the Ontario Ministry of the Attorney General announced an important procedural change for serving documents in relation to civic proceedings to the Crown and Crown-related entities. The
Source: Canada US Link: Canada Grants Customs Duty, GST/HST and Excise Tax Relief for COVID-19 Emergency Goods On March 16, 2020, the Canada Border Services Agency (“CBSA”) issued Customs Notice 20-08 “Imported Goods for Emergency Use in Response to COVID-19”, which discusses the circumstances where customs duty and Goods an
Source: Canada US Link: Canada Border Services Agency Extends Deadline For Filing Corrections Due to A Verification Final Rport On March 18, 2020, the Canada Border Services Agency (“CBSA”) issued Customs Notice 20-09 “Changes in Requesting an Extension to the 90-day Period to Submit Corrections” in which the deadline for fi
Source: Canada US Link: Canada Border Services Agency to Waive Some Late Filing Penalties On March 19, 2020, the Canada Border Services Agency (“CBSA”) released Customs Notice 20-10 “Waiver of Late accounting Penalties” granting relief during the COVID-19 crisis. The notice provides that certain late fees (also k
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