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Subsection 55(2) Anti-Avoidance Rule — Share Redemption

Subsection 55(2) Anti-Avoidance Rule — Share Redemption

The Canada Revenue Agency (“CRA”) was asked if the anti-avoidance rule contained in subsection 55(2) of the Income Tax Act (the “Act”) could be applicable in the following situation: 948 more words


Q&A on claiming relatives as caregivers

Q in my inbox: I hope you don’t mind if I ask, can we claim any tax credits for my mother-in-law who is taking care of my children while we work? 619 more words


Harris et al. v. R. – TCC: Taxpayers’ appeals dismissed for repeated attempts to thwart the discovery process.


Harris et al. v. The Queen (April 2, 2014 – 2014 TCC 110) was a motion to strike appeals of Mr. and Mrs. Harris based on their failure to attend or answer questions at two prior discoveries. 410 more words

Tax Litigation

Brace v. R. – FCA: Crown permitted to introduce new evidence on appeal – letter from Tax Court Registry.


Brace v. Canada (April 4, 2014 – 2014 FCA 92) involved an application by the Crown to introduce new evidence on Mr. Brace’s appeal from a decision of the Tax Court. 714 more words

Tax Litigation