“in many cases a portion of existing debt can be converted to equity.” With interest being tax…

“the SCC corrected its previous interpretation of the combination test.” In the recent case of Canada v. Craig,…

“These procedures became effective on September 1, 2012.” In Tax Tip 12-18 we explained that the IRS had introduced…

“Residency is based on common law and case law.” Many Canadians retire outside Canada, often seeking a…

“a taxpayer can opt out of this “rollover” rule.” When capital property is transferred to a taxpayer’s…

“The ability for a family member to use RRSP funds to assist a relative with a disability…

“it may be beneficial for non-residents to exercise their employee stock options before becoming resident.” When a…

“Identifying eligibility for the DTC can result in thousands of dollars in tax refunds.” One of the…

“Tax practitioners often recommend the use of trusts.” Tax practitioners often recommend the use of trusts in…

“relief from some of the stringent administrative requirements.” We recently discussed Allowable Business Investment Losses (“ABILs”) in Tax…