Finance Minister Chrystia Freeland announced today that the 2023 Federal Budget will be presented on March 28, 2023. Although the federal government’s 2022 Fall Economic Statement signalled its intention to proceed with a number of previously announced tax measures, it…
Milan is an associate practising in the firm’s Toronto office.
Milan freqeuntly advises on personal, corporate and trust planning, with a particular focus on high-net-worth professionals, owner-managers and their businesses. His practice encompasses all aspects of domestic Canadian tax law,… more »
A loan or indebtedness which meets the following statutory requirements is generally referred to as a “prescribed rate loan”:
(a) interest is charged on the loan or indebtedness at a rate equal to or greater than the lesser…
Tyler is an Associate working in the Vancouver office.
Tyler attended the Peter A. Allard School of Law at the University of British Columbia, where he completed the Juris Doctor program and the Business Law Concentration. He competed in the… more »
The Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”) enters into force this Sunday (January 1, 2023). As supplemented by detailed regulations (the “Regulations”), the Act prohibits any “non-Canadian” from purchasing, directly or indirectly,…
Alexander is a partner practicing in the firm’s Vancouver office.
Alexander’s practice covers several areas of taxation, including estate planning, pre-sale and divestiture structuring, owner-manager remuneration, taxpayer representation, and tax litigation. Alexander routinely advises on and implements reorganizations for individuals,… more »
Alexei Paish is an associate practicing in the firm’s Vancouver office.
Alexei maintains a broad tax practice with a view to achieving tax efficiency across all of his clients’ personal and business affairs. Alexei focusses on advising in respect of… more »
On November 3, 2022, the Department of Finance released revised draft legislation proposing to implement the “excessive interest and financing expenses limitation” (EIFEL) rules first announced in Budget 2021. Initial draft legislation was released on February 4, 2022 and…
Morgan Watchorn is an associate working out of the Vancouver office of Thorsteinssons LLP.
Morgan earned her Juris Doctor from Thompson Rivers University. While in law school, she competed in the Bowman National Tax Moot and worked as a teaching… more »
On November 4, 2022, Bill C-32 (44-1) was tabled in the House of Commons. Among other things, that Bill contains the latest version of the proposed enhanced trust reporting rules and stipulates that they would be effective for trusts’…
Jonathan is an associate at the firm’s Vancouver office.
Jonathan is developing a varied tax law practice with an emphasis on corporate tax planning.
Prior to joining Thorsteinssons, Jonathan worked at an international investment bank in New York where he… more »
The Federal Government has announced that the Fall Economic Statement 2022 will be presented in the House of Commons on November 3, 2022 at approximately 4:00 p.m. ET.
The Federal Government’s 2022 Budget stated that the Fall Economic…
Rebecca Loo is an associate working out of the Toronto office of Thorsteinssons LLP.
Rebecca’s practice focuses on Canadian commodity tax matters, including the Goods and Services Tax (GST), Harmonized Sales Tax (HST), and provincial sales taxes. She has written… more »
Brendan Forrest is an associate working out of the Toronto office of Thorsteinssons LLP.
Brendan’s practice focuses on corporate tax advisory and planning services.
Brendan earned his Bachelor of Arts (Honours) from St. Michael’s College at the University of Toronto… more »
Effective October 25, 2022, the government of Ontario has increased the Non-Resident Speculation Tax (“NRST”) rate to 25 percent.
The increase follows changes made to the tax earlier in 2022. Introduced in April 2017, the NRST initially applied a…
Rebecca Loo is an associate working out of the Toronto office of Thorsteinssons LLP.
Rebecca’s practice focuses on Canadian commodity tax matters, including the Goods and Services Tax (GST), Harmonized Sales Tax (HST), and provincial sales taxes. She has written… more »
Brendan Forrest is an associate working out of the Toronto office of Thorsteinssons LLP.
Brendan’s practice focuses on corporate tax advisory and planning services.
Brendan earned his Bachelor of Arts (Honours) from St. Michael’s College at the University of Toronto… more »
In Canada Revenue Agency (“CRA”) Views document number 2021-0922301I7, the CRA considered a Canadian-resident trust deemed to dispose (for Canadian income tax purposes) of U.S. real property on its 21-year anniversary. The CRA was asked whether: (a) the trust could…
Nicholas is a partner at the Toronto office of Thorsteinssons.
Nicholas’ practice focuses on corporate and international tax planning, regularly advising Canadian and foreign-based multi-national groups on a variety of matters, including financing, mergers and acquisitions, restructurings and natural resource… more »
Brendan Forrest is an associate working out of the Toronto office of Thorsteinssons LLP.
Brendan’s practice focuses on corporate tax advisory and planning services.
Brendan earned his Bachelor of Arts (Honours) from St. Michael’s College at the University of Toronto… more »
The Supreme Court of Canada (SCC) has allowed the Attorney General of Canada’s appeal in Canada (Attorney General) v. Collins Family Trust, 2022 SCC 26. In doing so, a majority of the SCC held that taxpayers may not resort to…
Alexei Paish is an associate practicing in the firm’s Vancouver office.
Alexei maintains a broad tax practice with a view to achieving tax efficiency across all of his clients’ personal and business affairs. Alexei focusses on advising in respect of… more »
The Supreme Court of Canada (“SCC”) has granted the application for leave to appeal in Agence du revenue du Québec c. Des Groseillers, 2021 QCCA 906.
Des Groseillers concerns the tax treatment of donated employee stock options under…
Jessica Stuart is an associate working out of the Toronto office of Thorsteinssons LLP.
Jessica is building a broad tax practice with a focus primarily in corporate tax advisory, tax planning, business structuring and taxpayer representation.
Jessica received an LL.M.… more »
Alexei Paish is an associate practicing in the firm’s Vancouver office.
Alexei maintains a broad tax practice with a view to achieving tax efficiency across all of his clients’ personal and business affairs. Alexei focusses on advising in respect of… more »
