Tags » Income Tax Act

TAXATION OF CHARITABLE/RELIGIOUS TRUST

Charitable/religious trusts are the trusts which are formed with an objective of providing relief to poor, education ,medical relief, preservation of environment/ monuments , advancement of objects of general public utility, religious purpose, etc. 1,065 more words

Direct Taxation

Akinbo v. R. – TCC: Court rejects charitable donation receipt as bogus.

http://decision.tcc-cci.gc.ca/tcc-cci/decisions/en/item/72424/index.do

Akinbo v. The Queen (July 7, 2014 – 2014 TCC 214) was another of the recent spate of cases involving bogus charitable donation receipts. The taxpayer’s story was somewhat odd: 447 more words

Income Tax Act

Taiga et al. v. Deloitte – BCSC: Deloitte not liable for negligence in helping plaintiffs set up aggressive tax plan.

http://www.courts.gov.bc.ca/jdb-txt/SC/14/10/2014BCSC1083.htm

Taiga Building Products Ltd. et al. v. Deloitte & Touche, LLP (June 16, 2014 – 2014 BCSC 1083) was a case where the plaintiffs sued their former auditors in connection with an aggressive tax plan which they had implemented; when they were reassessed by CRA the plaintiffs ultimately entered into a settlement without taking the matter to trial. 1,840 more words

Income Tax Act

McLarty v. R. – TCC: Taxpayer successful in another seismic case.

http://decision.tcc-cci.gc.ca/tcc-cci/decisions/en/item/72364/index.do

McLarty v. The Queen (June 18, 2014 – 2014 TCC 30) is another victory by the taxpayer in a seismic case. As I was formerly with the firm representing the taxpayer at a time the matter was before the court, as a matter of policy I will not blog this decision. 21 more words

Tax Litigation

Lipkowski v. R. – FCA: Taxpayer's appeal from compliance order dismissed.

http://decisions.fca-caf.gc.ca/fca-caf/decisions/en/item/72235/index.do

Lipkowski v. Canada (National Revenue) (June 26, 2014 – 2014 FCA 171) was an appeal by the taxpayer from an unreported order of the Federal Court granting the Crown a compliance order. 170 more words

Income Tax Act

Blenk Development Corp. v. R. – TCC: Expert witness permitted, on conditions, to attend at discovery.

http://decision.tcc-cci.gc.ca/tcc-cci/decisions/en/item/72207/index.do

Blenk Development Corp. v. The Queen (June 4, 2014 – 2014 TCC 185) was a decision on a motion brought by counsel for the appellant to permit an expert witness to attend at the examination for discovery of the respondent’s witness in order to assist counsel: 914 more words

Tax Litigation

Henco Industries v. R. – TCC: $15.8 M paid by Ontario to landowner at center of Six Nations occupation non-taxable.

http://decision.tcc-cci.gc.ca/tcc-cci/decisions/en/item/71987/index.do

Henco Industries Limited v. The Queen (May 9, 2014 – 2014 TCC 192) is a decision illustrating what is one of the rarest phenomena in Canadian income tax law – a non-taxable capital receipt. 2,351 more words

Tax Litigation