Archives for January 2012
Supreme Court of Canada Releases GAAR Decision
On December 16, 2011 the Supreme Court of Canada (SCC) released its decision in Copthorne Holdings Ltd. v. Canada, 2011 SCC 63 (Copthorne). The full decision can be viewed on the SCC Judgements website at http://scc.lexum.org/en/2011/2011scc63/2011scc63.html. Copthorne involved the application of the General Anti-Avoidance Rule, or as it is… more »
How Can I be Assessed for Someone Else’s Tax Debt? – Section 160(1) Assessments
Receiving a tax assessment or reassessment from the Canada Revenue Agency (CRA) is often alarming. Imagine receiving a tax assessment that makes you liable to pay another person’s tax debt. Being assessed for someone else’s tax debt can be downright shocking. The CRA has a collection tool at its disposal… more »