Information About Tax Chambers | Tax News
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- Is The Principal Residence an Endangered Species?
The government is desperate for money and is on the search for new sources of revenues to finance its deficits. In anticipation of a fall election, the spring 2021 Federal Budget followed the general trend that governments spend (or say they will) before an election by announcing $101.4 billion of d … Read more »
- File Your Tax Return on Time and Stay Safe
Spring is the season to reflect on what we pay for through our taxes. We have a new federal Budget coming on April 19, when the government tells us what they will pay for to make our tax system “fairer”, code for increased taxes. Check the Budget document to see how many times the Minister uses deri … Read more »
- Stock Traders Beware of Tax Traps: The Taxman Cometh
“When there is an income tax, the just man will pay more and the unjust less on the same amount of income”. – Plato In the past two weeks, we saw frenzied buying and selling of shares with minimal intrinsic value but high speculative interest in the “shorts market”, where traders sell shares first h … Read more »
- A Brief History on the Unpleasant Subject of Taxes
Taxes are compulsory expropriations levied to support necessary government expenditures. The law is complex, and the government has large budgets to administer it. Tax disputes are expensive and often involve protracted litigation. Hence, most persons consider tax an “unpleasant subject”. However, t … Read more »
- 2020 and Beyond Brings Canada/U.S. Cross-Border Personal Tax and Estate Planning to the Forefront
Most industries across the globe have been affected by recent world events. As lawyers, we’ve had to address new trends and demands in the market, including greater complexity in Canada/U.S. cross-border personal tax and estate planning. Times of uncertainty often serve as a harsh reminder of the im … Read more »