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BC’s Unclear Speculation Tax is Creating Legal Concerns for Unintended Targets
Source: Thor Tax Link: BC’s Unclear Speculation Tax is Creating Legal Concerns for Unintended Targets A few months ago, BC announced a new “speculation tax” that will apply to certain residential properties in the province. The tax is intended to capture foreign and domestic speculators, “satellite families” who live i
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Taxation of cryptocurrency transactions
Source: Tax Law Link: Taxation of cryptocurrency transactions Taxation of Cryptocurrency Transactions With all the excitement concerning the price of cryptocurrencies, individuals and businesses have glossed over the fact that every cryptocurrency transaction is a taxable event that also has revenue implications. Vern Krishna explains an
Read moreFederal Court of Appeal Rules on GAAR Again
Source: Thor Tax Link: Federal Court of Appeal Rules on GAAR Again In Fiducie financière Satoma c. Canada, 2018 CAF 74, the Federal Court of Appeal ruled on the General Anti-Avoidance Rule (the “GAAR”) again this year (see our previous Alert re: Oxford Properties). In upholding the Tax Court of Canada,…
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Vitaly Timokhov and Sunita Doobay to present at the ABA Section of International Law in New York
Source: Tax Law Link: Vitaly Timokhov and Sunita Doobay to present at the ABA Section of International Law in New York On April 18th, Vitaly Timokhov and Sunita Doobay will be featured presenters at the ABA Annual Conference 2018, Section of International Law in New York. Vitaly Timokhov and his co-presenters Robert Misey of Reinhart
Read moreDeadline Approaching to Dispute Vacancy Tax Notices
Source: Thor Tax Link: Deadline Approaching to Dispute Vacancy Tax Notices Monday, April 16, 2018, is the deadline to submit notices of complaint to dispute vacancy tax notices. Any registered owner who received a vacancy tax notice could potentially submit a complaint, even if they were the cause of an error…
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