Legal win in tax case settles debate over whether widows fall under the definition of ‘spouse’
The case hinged on a small provision in the Income Tax Act, Section 160, which says that if an individual transfers property ...
JD Supra6d
Tax Court of Canada Denies GST/HST Input Tax Credit Claims in Connection with a Settlement Payment
In a general procedure hearing that was later moved under the informal procedure rules and rendered on December 17, 2024, the ...
Court decision in case of widow RRSP beneficiary highlights importance of reviewing designations
A recent ruling shouldn’t necessarily lead clients to name their spouse as beneficiary of their registered plans ...
Widow to keep $100K from late husband's RRSP after court victory against Canada Revenue Agency
An Alberta widow will be allowed to keep tens of thousands of dollars her late husband left to her in retirement savings ...
The Hockey News28d
The Impact Of John Tavares' CRA Case On Canadian NHL Teams And Taxes
KPMG lawyer Mark Feigenbaum In January of 2024, Tavares’ representatives filed an appeal of the reassessment with the Tax Court of Canada. The attorney general of Canada issued a reply last May ...
Court chucks out HMRC double tax treaty case against RBC
The UK Supreme Court, by a majority, dismisses HMRC's appeal against RBC over a double tax treaty linked to a North Sea oil ...
UK Supreme Court Nixes Tax on Loan Payments to Canadian Bank
The Royal Bank of Canada won’t owe the UK corporation taxes toward payments it received on a North Sea oil production, the ...
canadian-accountant12d
When can Canadian taxpayers apply to reopen a trial at the FCA from the Tax Court?
v The King, 2025 FCA 6. The FCA dismissed the appeal by the taxpayers of a decision by the Tax Court of Canada. The issue in the case at the TCC was the balance of the individual taxpayer's ...
Advisor7d
Legal challenge to CRA’s administration of capital gains tax changes continues
A legal challenge to the Canada Revenue Agency’s (CRA) administration of the proposed capital gains tax changes continues even though the Finance Department has deferred the proposed hike in the ...
internationaltaxreview10h
Norton Rose guides RBC to UK Supreme Court tax victory
The Royal Bank of Canada’s success over HMRC represents a milestone in the interpretation of double tax treaties, Norton Rose ...
Canada24d
Judicial appointments
the Federal Court and the Tax Court of Canada. Learn about the Independent Advisory Board and the application process to become a judge for the Supreme Court of Canada.