WeirFoulds welcomes Nadia Chiesa to the partnership

WeirFoulds is pleased to announce that Nadia Chiesa has joined the partnership effective January 1, 2020. Nadia joined the Commercial Litigation Practice Group as an associate in 2011, after working […]

Panama Papers and Offshore Accounts: Window of Opportunity to Make a Voluntary Disclosure Closing

Canadian residents are required to report worldwide income. Furthermore, Canadian residents are generally required to annually file a special information return for any year that they held, at any time in that year, “specified foreign property” that had a cost exceeding $100,000. A failure to report such income or file any such return makes the Canadian resident liable to significant penalties (for which interest accrues daily) and potentially open to criminal prosecution.