Information About HKL Tax Law Blog
Recent Posts
Below is a preview of the five most recent posts from the blog HKL Tax Law Blog. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- The Evolution of Control: De Jure, De Facto, and Now “Actual” Control (Under GAAR)
This judgment deals with GAAR. The Federal Court of Appeal reversed the decision of the Tax Court of Canada which had previously allowed the appeal by Deans Knight Income Corporation (“Forbes”) on the basis that GAAR did not apply. The post The Evolution of Control: De Jure, De Facto, and Now “Actua … Read more »
- Taxpayers Have the Burden to Demonstrate That a Tax Assessment Is Incorrect by Precise and Probable Proof
Unidisc musique inc. (“Unidisc”) is a company that sells music records. In the normal course of its business, it purchases master tapes of recordings of music (“master records”) in order to make copies of good quality for resale. The post Taxpayers Have the Burden to Demonstrate That a Tax Assessmen … Read more »
- SR&ED, A Tale of Two Cases
Scientific research and experimental development (“SR&ED”) is defined at subsection 248(1) of the Income Tax Act (“ITA”). Scientific research can be either “basic research” or “applied research”. Experimental development generally refers to industrial R&D and is the most common type of claim. The po … Read more »
- La France peut demander à l’ARC de recueillir des renseignements et documents de fiducies canadiennes malgré l’absence de nexus avec la France
Ce litige concerne des demandes de renseignements faites par la France et visant des fiducies dont Blue Bridge était fiduciaire. Suite à l’examen des demandes, l’ARC a envoyé à Blue Bridge des demandes péremptoires de renseignements et de documents (« DPR ») en vertu de l’article 231.2(1) de la LIR. … Read more »
- The CRA Is Targeting Cryptocurrencies
There’s a lot of interest for cryptocurrencies. Bitcoin (BTC) and Ethereum (ETH) are the two most popular cryptocurrencies, but there are many more making their way up and gaining traction. Trading cryptocurrencies can be very rewarding if you entered the market early or if you purchased a cryptocur … Read more »