Last blog added on Friday, November 4th, 2022

Information About Rosen Kirshen Tax Law Blog

Recent Posts

Below is a preview of the five most recent posts from the blog Rosen Kirshen Tax Law Blog. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!

  • New CRA Limits on Interest and Financing Expenses

    Here is information on the new CRA limits. On November 3rd, 2022, the Department of Finance released revised legislative proposals for the excessive interest and financing expense limitation rules (“EIFEL” rules). The revisions address public commentary on the previously proposed rules, which were r … Read more »

  • How to Determine Canadian Tax Residency

    If you’ve reached this article, you may be wondering how to determine Canadian tax residency. Moving in between countries can be tricky work when it comes to your meeting your tax obligations. If you are a newcomer to Canada, returning from a period living outside Canada, or regularly live abroad fo … Read more »

  • GAAR and Control – Recent Caselaw

    The Supreme Court of Canada’s (the “SCC”) recent news release stated that it will hear the highly anticipated appeal of Dean’s Knight Income Corporation v. His Majesty the King on November 2nd, 2022. This appeal of the Federal Court of Canada’s (the “FCA”) decision in Canada v Deans Knight Income Co … Read more »

  • The New Luxury Tax in Canada

    As of September of 2022, luxury cars, boats, and aircrafts may be subject a 10% to 20% new luxury tax in Canada, depending on their price tag and usage. This new policy was first proposed in August of 2021, when the Department of Finance Canada published a background paper on the design of a luxury … Read more »

  • Application Hearing Success – Rosen Kirshen Tax Law

    On September 28, 2022, the Honourable Justice Randall S. Bocock released a precedence-setting decision in support of taxpayers’ rights. Rosen Kirshen Tax Law is proud to have advocated for the Taxpayer in this Application Hearing (2021-1015(GST)APP), removing the bureaucratic idiosyncrasies obstruct … Read more »