Source: Tax Law Link: The Three Steps of GAAR Please see Vern Krishna’s latest article for the Taxnet Pro: Tax Disputes & Resolution Centre titled, “The Three Steps of GAAR” where he discusses the general anti-avoidance rule as a statutory commercial commercial purpose test. There are two types of tax avoidance; tax mitigati
Source: Tax Law Link: Sunita Doobay and Vitaly Timokhov to present at the Law Society of Ontario’s “Choosing the Right Business Structure” On October 4th, Sunita D. Doobay and Vitaly Timokhov will be featured presenters at the Law Society of Ontario’s, Choosing the Right Business Structure symposium in Toronto. As part of the symposiu
Source: Tax Law Link: A Review of Rectification in a Post-Fairmont World Please see David Piccolo’s latest article for the September issue of the Tax Advocate titled, “A Review of Rectification in a Post-Fairmont World,” where he discusses the post Supreme Court of Canada decisions in Canada (Attorney General) v Fairmont Hotels I
Source: Tax Law Link: Guidance on Withholding on US Partnership Interest’s Sale Please see Sunita Doobay’s latest article for the Canadian Tax Foundation’s newsletter Canadian Tax Highlights which covers the U.S. Treasury Department and IRS Notice 2018-29, which makes three exceptions to the withholding requirement. The Treasury department a
Source: Tax Law Link: Vern Krishna in the 2019 Edition of The Best Lawyers™ in Canada We are very proud to announce that once again our colleague Professor Vern Krishna was recognized by The Best Lawyers in Canada for his work in: Appellate Practice, Tax Law, Trusts and Estates. All of us at TaxChambers LLP congratulate Vern Krishna on his cont
Source: Tax Law Link: No US Deduction for Related-Party Interest or Royalty Paid Abroad Please see Sunita Doobay’s latest article for the Canadian Tax Foundation’s newsletter Canadian Tax Highlights which covers the U.S. restriction on 2017 interest deductibility between related parties. The restriction was added in December 2017. The post No U
Source: Tax Law Link: Fundamentals of Canadian Income Tax, Volume 2: Corporate Tax Fundamentals of Canadian Income Tax, Volume 2: Corporate Tax Fresh off the press! Volume 2 of Fundamentals of Canadian Income Tax by Vern Krishna has now been published. This volume introduces students to the income tax implications of corporate, commercial, and
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 importan
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 Boerner Van
Source: Tax Law Link: Sunita D. Doobay to speak at the OBA Taxation Law Program On April 4th, Sunita D. Doobay of TaxChambers LLP will be a featured speaker at the OBA Taxation Law Program on “Federal Budget: Practical insights on recent tax changes”. Expert speakers will share their insights on the practical impacts of the propos