Tax Alert Archives August 2012

The Supreme Court of Canada Opens the Door to Farming Losses

On August 1, 2012, the Supreme Court of Canada released its unanimous decision in Canada v. Craig, 2012 SCC 43. This case, which involves the deductibility of farm losses under subsection 31(1), is a significant departure from Moldowan v. R.,…

Prepared by: Marie-Eve Heming

Marie-Eve Heming is a partner and practices in the firm’s Toronto office. Her practice encompasses all aspects of personal and corporate tax planning for a wide variety of clients, including private corporations and their owner-managers, public corporations, trusts, professionals, executives… more »