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Good News for Farmers: Supreme Court of Canada Clarifies Proper Interpretation of Restricted Farm Loss Rules
This morning the Supreme Court of Canada released its decision in Canada v. Craig, 2012 SCC 43 (“Craig”). It’s good news for farmers, especially those farmers that need to work off the farm to make ends meet. Mr. Craig’s horse racing business incurred losses of $222,642 in 2000 and $205,655… more »
About Pushor Mitchell Tax Group
When disputes arise we have considerable experience in dealing with the Canada Revenue Agency and in representing clients in income tax and GST appeals. more »