WeirFoulds Welcomes Ryan Morris
We are pleased to announce that Ryan Morris has joined the Firm as a partner in the firm’s tax practice. Ryan’s legal practice focuses on various areas of domestic and […]
Budget 2014: Changes to the Taxation of Trusts and Estates
The Canadian Federal Budget was tabled on February 11, 2014 and contains several important changes to the taxation of trusts and estates. We were somewhat prepared for this as a […]
New Penalty Taxes: Prohibited Investments and Advantage Rules for RRSP, RRIF and RCA Deferred Income Plans
Recent amendments to the Income Tax Act (Canada) have extended the penalty taxes that were initially aimed at TFSAs, to situations where you hold certain types and/or percentages of assets […]
Timely Tax Returns Should be a Top Priority
Rosenberg Estate v. Canada (National Revenue) a cautionary reminder that every effort should be made to file tax returns on time.
Thirteen WeirFoulds Lawyers Named Leading Practitioners in 2011 Canadian Legal Lexpert Directory
Thirteen WeirFoulds lawyers have been recognized in the 2011 edition of the Canadian Legal Lexpert® Directory as “Leading Practitioners” in their areas of practice. The Directory identifies leading practitioners across […]
Current Property Tax Issues
Pre-1998 Owners assessed realty taxes Tenants assessed separately for business taxes (value of property apportioned on basis of FMR) including shared parking business assessment Current Value Assessment 1998 Business assessment […]
Mind the tax: Considerations for ex-patriot employees working in Canada
Here are some key issues you should address before making the decision to transfer an employee to work in Canada.
Residential Housing – Sales and Construction: HST Transitional Rules
A summary of the Ontario HST transitional rules affecting residential real property sales.
Residential Rental Properties – Leases, Sales and Construction: HST Transitional Rules
A summary of the Ontario HST transitional rules affecting residential real property rentals and construction.
Sale or Lease of Goods: HST Transitional Rules
A summary of the Ontario HST transitional rules affecting supplies of goods.
Services: HST Transitional Rules
A summary of the Ontario HST transitional rules affecting supplies of services.
Non-residential Construction: HST Transitional Rules
A summary of the Ontario HST transitional rules affecting non-residential construction.
Non-residential Real Property Sales: HST Transitional Rules
A summary of the Ontario HST transitional rules affecting non-residential real property sales.
Commercial Leases: HST Transitional Rules
A summary of the Ontario HST transitional rules affecting commercial leases.
Tax-Exempt Status Preserved – Despite Sophisticated Operations
A recent Tax Court of Canada decision confirms that not-for-profit organizations can adopt the good practices, efficiencies and activities of a well-run business without jeopardizing their tax-exempt status.