Tax Alert Archives May 2020

COVID-19 Tax Update: Tax Court of Canada further cancels judicial sittings

On May 27, 2020 the Tax Court of Canada issued an Amended Practice Order and Direction and a Notice to the Public and the Profession cancelling all judicial sittings and conference calls scheduled through July 17, 2020.

The Notice to…

Prepared by: Hayleigh Cudmore

Hayleigh Cudmore is an associate practising in the firm’s Toronto office. Hayleigh’s practice focuses on all aspects of taxpayer representation and tax litigation. She also advises clients on the tax aspects of a wide variety of matters, including corporate reorganizations… more »

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COVID-19 Tax Update: CRA accepting applications for clearance certificates and international waivers by email

Further to recent public statements (as discussed in our previous blog post), the CRA has announced that as a result of COVID-19 they will temporarily be accepting requests for certain clearance certificates and other international waivers by email. Taxpayers…

Prepared by: Alvin Lun

Alvin’s practice focuses on domestic and international tax planning for individuals, trusts, and corporations, as well as representing taxpayers in their disputes with the Canada Revenue Agency. He is fluent in Cantonese and Mandarin Chinese. Prior to joining Thorsteinssons, Alvin… more »

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COVID-19 Tax Update: Extension to T2 and T3 filing deadlines

The Canada Revenue Agency has updated its website which sets forth the extended filing due dates for various entities as a result of COVID-19 (link). Extended to September 1, 2020 is the deadline to file a T2 corporate income…

Prepared by: Chris Marta

Chris Marta is an associate practising in the firm’s Vancouver office. Chris Marta’s practice focuses on domestic and international tax planning for individuals, trusts and corporations. He also represents taxpayers in their disputes with the Canada Revenue Agency. Prior to… more »

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COVID-19 Tax Update: Minister of Justice releases draft legislation extending time limits due to COVID-19

On May 19, 2020, the Minister of Justice published draft legislative proposals which may, if enacted, temporarily extend or suspend certain time limits. In general, such extensions and suspensions are premised on COVID-19 making compliance with statutory time limits difficult…

Prepared by: Vivian Esper

Vivian is an is an associate working out of the Vancouver office of Thorsteinssons LLP. Vivian’s practice focuses on tax dispute resolution with the Canada Revenue Agency and Tax Court of Canada.  Her practice also includes tax planning involving individuals,… more »

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COVID-19 Tax Update: Wage Subsidy Legislation Updated

The federal government yesterday released amendments to the Income Tax Regulations relating to two of its COVID-19-induced wage subsidy programs.

First, new section 8901.1 of the Regulations expands the eligibility for the Canada Emergency Wage Subsidy (the “CEWS”) in…

Prepared by: Tyler Berg

Tyler is an Associate working in the Vancouver office. During his law degree, Tyler participated in the Law Students’ Legal Advice Program and the UBC Law Review, and played intramural ice hockey for the UBC Law Legal Eagles. Tyler also… more »

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Vancouver Announces Extension to Late Empty Homes Tax (EHT) Declarations for 2017 and 2018

The City of Vancouver announced that property owners assessed the Empty Homes Tax for 2017 and 2018 because they failed to file their declarations on time will be allowed to late-file for those years until December 31, 2020. Similar…

Prepared by: Zheting Su

Zheting is an associate at the firm’s Vancouver office. Zheting’s practice focuses on all aspects of transactional/commodity taxes, including the Harmonized Sales Tax (HST), Goods and Services Tax (GST), First Nations GST, provincial sales taxes, realty taxes (such as land/property… more »

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COVID-19 Tax Update: PM Announces Extension to CEWS and CRA Updates CEWS FAQ

Prime Minister Justin Trudeau announced today that the Canada Emergency Wage Subsidy (the “CEWS”) (see our detailed blog post here) will be extended beyond June 6, 2020. The CEWS legislation provides for extensions up to September 30, 2020. Details…

Prepared by: Tyler Berg

Tyler is an Associate working in the Vancouver office. During his law degree, Tyler participated in the Law Students’ Legal Advice Program and the UBC Law Review, and played intramural ice hockey for the UBC Law Legal Eagles. Tyler also… more »

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COVID-19 Tax Update: Federal Court Extends Suspension Period and Updates Plan for Resuming Operations

On April 29, 2020 the Federal Court of Canada released an updated Practice Direction and Order advising that the previously announced suspension period, which was set to expire on May 15, 2020, will now run until May 29, 2020.

The…

Prepared by: Hayleigh Cudmore

Hayleigh Cudmore is an associate practising in the firm’s Toronto office. Hayleigh’s practice focuses on all aspects of taxpayer representation and tax litigation. She also advises clients on the tax aspects of a wide variety of matters, including corporate reorganizations… more »

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