Legal Alert Blog
Changes to Law, Major Case Decisions, Industry Trends, & Other Legal Issues
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Operating a business through a corporation is a long-standing and acceptable form of protecting individuals from claims of creditors of the business. Likewise, holding high-value investment assets (such as real
As discussed in previous articles, the combination of Canadian income tax consequences that arise on death in respect of foreign real property and foreign taxes that may apply in respect
As discussed in a previous article, the combination of the Canadian income tax consequences that arise on death in respect of foreign real property and the foreign taxes that may
As a result of recent economic circumstances, owning foreign real estate such as homes in California or Arizona has become an attractive proposition. But what are the tax implications of
There are currently a number of “art flip” appeals making their way through the Canada Revenue Agency’s Appeals Division and the Courts.
Two Supreme Court of Canada decisions released in the spring of 2007 addressed the issue of using joint tenancies with rights of survivorship.