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Toronto Tax Lawyer News
News, tips, tricks, and insights from the world of Toronto tax law.
Rudolph 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 whether...
Read MoreSim v The King: Examining Non-Parties in Tax Court Proceedings
Individuals involved with closely held private corporations, whether as directors, former directors, or employees, may find themselves called upon to be...
Read MoreGST/HST Tax Break: A Guide for Business Owners
The Canadian Government’s Tax Break for All Canadians Act was intended to provide economic relief during the holiday season, by issuing a one-time break...
Read MoreCanadian Government Defers Capital Gains Inclusion Rate to January 1, 2026
The newly appointed Minister of Finance, successor to Minister Freeland, Dominic LeBlanc recently announced an amendment to the legislative changes that has...
Read MoreJudicial Review of the CRA Preemptive Action on Capital Gains Rate Changes
On January 8, 2025, the Canada Revenue Agency (CRA) announced that, for the upcoming tax season, it will proceed with administering the proposed capital...
Read MoreThe Taxation of Athletes in Canada: Implications from Martin v. the King on the Future of Sports
The case of Martin v. The King, 2024 TCC 153 stands as a pivotal moment in Canadian tax law, particularly concerning the taxation of professional athletes'...
Read MoreCanada’s GST/HST Tax Break: Bill C-78
The Canadian government has introduced a GST/HST Tax Break to provide financial relief for consumers during the holiday season. This initiative temporarily...
Read MoreTax Debt Relief Programs: Reduce or Eliminate Your CRA Tax Debt
Tax debt can be overwhelming, but Canadian taxpayers struggling to pay their tax obligations have options. The Canada Revenue Agency (CRA) offers various...
Read MoreTax Court of Canada: A Guide on Informal Procedure
Disputing a tax assessment with the Canada Revenue Agency (CRA) can be a daunting process. Fortunately, the Tax Court of Canada provides an accessible and...
Read MoreProtective Relief Requests with the CRA
Dealing with the Canada Revenue Agency (CRA) can be overwhelming, especially when faced with tax penalties and interest due to unforeseen circumstances. A...
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