Category: Tax

It’s that time of year again when property tax assessment notices are arriving in our mailboxes. For several years, British Columbia’s Land Tax Deferment Act and its associated Regulations have

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 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.