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TaxChambers LLP is a tax law firm located in the financial district of Toronto, Canada. Our tax lawyers advise and represent clients from Canada and internationally in all areas of Canadian and U.S. tax law, such as corporate and business taxation, international taxation, transfer pricing, personal tax and wealth planning, commodity taxes (GST/HST), and SALT (U.S. state and local taxes).

WEBINARS

Feb
TaxChambers LLP Webinar Series: February 2019
Please join Vitaly Timokhov on February 21st for our next installment: In this webinar, Vitaly will discuss: • Recent CRA Administrative Positions & Rulings of Interest The presentation will focus on 10 recent administrative pronouncements made by the CRA that may be of interest to accountants and tax advisors. These will include the issues pertaining to the proper scope and interpretation of section 125 and ideas for preservation of business limits in the circumstances where the group of affiliated companies generates more than $50,000 in the adjusted aggregate investment income. We will also touch on the application of subsection 125(5.2) (Anti-Avoidance) in context of tax planning efforts to multiply or preserve the small business deduction in the context of the recent Jencal Holdings case. In Jencal Holdings, the Tax Court found that the taxpayer was not entitled to claim the small business deduction because its main reason for existence was tax-motivated. This webinar is free of charge. Space is limited and attendance is on a first come, first served basis. To secure your spot, please make sure to join the webinar at 12:00 pm EST.

TAX NEWS

The CRA is focussed on recovering lost revenue in the real estate market. In particular, it is targeting home sales...