Tax Alert Archives February 2020

On February 11, 2020, the CRA published a list of tax tips aimed at providing students and taxpayers with no or almost no income with useful reminders on benefits and credits they may qualify for.

B.C. government releases Budget 2020.

In Univar Holdco Canada ULC v The Queen, 2020 TCC 15, the Tax Court awarded costs of over $300,000 in favour of the taxpayer, representing approximately 50% of the taxpayer’s legal fees for the appeal, plus disbursements. In light of…

In reaching the decision, the Tax Court of Canada considered whether the parties to the transaction attempted to place the CRA in “any different position whatsoever as a result of the transfer”. The Court found that they did not.…

Registered owners of residential property in Vancouver are reminded to complete their 2019 property status declarations by February 4, 2020.  Owners should have already received reminder notices from the City of Vancouver.  Failure to make the declaration will result in…