Breaking News: Tax Court allows appeal in GAAR case

The Tax Court of Canada has allowed the appeal of the appellant in 594710 British Columbia Ltd. v. The Queen, 2013-4033(IT)G.  The Court held that the Respondent failed to demonstrate abusive tax avoidance at the primary tax debtor level by failing to demonstrate a general policy in the Income Tax Act against profit trading which had been abused.   A copy of the decision should be available on the Court’s website soon.

Prepared by: Natasha Kisilevsky

Natasha Kisilevsky is a partner in the Vancouver office specializing in taxpayer representation and litigation matters. She is also the Director of Associate Development for Thorsteinssons. Natasha has been practicing tax law since her call to the Bar of British… more »