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Share transfers to executives, employees are income not capital gains: appeal court
By Julius Melnitzer | December 23, 2021 A Federal Court of Appeal ruling will make it very difficult for executives and employees to treat share transfers from their companies as capital gains rather than income. The decision involved Kitchener, Ont.-based D2L Corp., whose intention was to distribute appreciated shares of the company, held in a […]
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Why Supreme Court ruled Alta Energy’s ‘treaty shopping’ not abuse of tax planning
By Julius Melnitzer | December 13, 2021 Short of abusive behaviour, companies are allowed to minimize their tax liability In November, the SCC rejected Ottawa’s claim that the taxpayer, a Luxembourg resident, should be denied the benefit of the Canada-Luxembourg tax treaty because it engaged in treaty shopping and its economic ties to Luxembourg were […]
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Named in the Pandora Papers? Now what?
By Julius Melnitzer | November 17, 2021 If you’re one of the Canadians named in the Pandora papers, the latest massive leak of information related to tax havens, how much sleep do you really need to lose? That depends. “Is there smoke or is there fire?” asks David Rotfleisch, the founding partner at Toronto tax […]
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BARE BONES BRIEFS: BLG to manage Ivanhoé Cambridge leasing legal services | Study: junior counsel beat senior counsel as often as seniors beat them | Litigation funding fees capped | Judges need safety too | Top law firm bulletins
By Julius Melnitzer | November 11, 2021 IVANHOé CAMBRIDGE IN-HOUSE LAWYERS MOVE TO BLG “In-house” gets new meaning as part of Ivanhoé Cambridge’s (IC) law department moves to Borden Ladner Gervais LLP offices in Montreal and Toronto. All this pursuant to an agreement for BLG to manage legal services for shopping centres owned by IC, […]
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Violating property maintenance, safety and sanitation laws in Quebec: beware the consequences
September 17, 2021 By Aubie J. Herscovitch and Alexander Rigante, guest contributors This article examines the rules and regulations regarding the maintenance, safety and sanitation of buildings in Quebec, with emphasis on the penalties and powers of which municipal authorities can avail themselves should a property owner fail to maintain these standards. According to the Loi […]
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Rising municipality charges stalling efforts to develop green buildings in Canada
The Hastings-Quinte Social Services committee announced Wednesday that five retirement complex buildings in Belleville will have solar panels installed on their rooftops, like here at The Prince William building. PHOTO BY POSTMEDIA FILES By Julius Melnitzer | September 8, 2021 Rising development charges and insufficient incentives are stifling some major municipalities’ efforts to encourage developers […]
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Recommended Reading: Timely Law Firm Bulletins
By Julius Melnitzer | July 19, 2021 CHARITIES & NON-PROFIT Miller Thomson: Why it matters that the Supreme Court decision reinforced the existence of hidden contracts in charity/nonprofit governance COMPETITION McMillan: Emerging Competition & Data Privacy Issues for Real Estate Organizations DATA PRIVACY Gowlings: New Standard Contractual Clauses for International Transfers Under The GDPR McCarthy […]
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Should companies fear the Clean Fuel Standard?
The Clean Fuel Standard will affect a host of industries — many of them unwitting Canadian industries fear the federal government’s Clean Fuel Standard will translate into an increase in the cost of doing business. “At the end of the day, this is just another tax that Canadian business has to deal with,” said Bob […]