by Jeffrey LiuPrincipal Residence: Tax Consequences of Sale
Generally, when real estate is sold, the seller will pay some tax on the proceeds. The Principal Residence Exemption (the “PRE”), as explained und...
by Jeffrey LiuMEGLobal Canada ULC v. The King: Jurisdiction for Tax Appeals
When a taxpayer disagrees with a decision made by the CRA and they have exhausted their right of appeal with the CRA Appeals Division (or has elected ...
by Jeffrey LiuBoles v The King: Is Your Side Hustle A Taxable Business?
In a recently published decision concerning the case of Boles v the King, 2024 TCC 167, the Tax Court of Canada (the “TCC”) provides further guida...
by Jeffrey LiuRudolph v The King: Are the Proceeds of Your Share Disposition Business Income or Capital Gains?
In Rudolph v the King, 2024 TCC 148, Justice Lafleur provides an overview of the law regarding the factors that must be considered in determining whet...
by Jeffrey LiuNon-Resident Landlord Withholding Tax: Know Your Responsibilities
Landlords who are not tax residents of Canada and their tenants should be aware of filing and reporting requirements relating to the 25% federal non-r...
by Jeffrey Liu