Tax Alert Archives

Artificial Intelligence (AI) in Federal Court

On December 20, 2023, the Federal Court released a Notice to the Parties and the Profession on the use of Artificial Intelligence (AI). The Notice applies to all documents that are either submitted to the Court or prepared for…

Prepared by: Molly Martin

Molly Martin is an associate practicing in the firm’s Toronto office. Molly’s practice focuses on tax litigation and taxpayer representation at every level and also includes tax planning for businesses, individuals, not-for-profits and charities. Molly Martin writes on tax issues… more »

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Department of Finance releases draft regulation on enhanced GST rebates for new purpose-built rental housing

On December 14, 2023, the Department of Finance released draft regulations (the “Regulations”) intended to clarify the enhanced 100% GST rebate for new purpose-built rental housing. The Regulations will be deemed to have come into force on September 14,…

Prepared by: Adrian Zee

Adrian is an associate at the firm’s Vancouver office. Adrian’s practice focuses on Canadian commodity tax, including the Harmonized Sales Tax (HST), Goods and Services Tax (GST), provincial sales taxes, and realty taxes (including the B.C. Speculation and Vacancy Tax, City… more »

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CRA extends deadline for filing Underused Housing Tax (UHT) returns without interest or penalty

The Canada Revenue Agency has further extended the deadline for owners affected by the Underused Housing Tax (“UHT”) to file their returns for the 2022 taxation year, without being charged interest or penalties, to April 30, 2024. While UHT…

Prepared by: Brittany Rossler

Brittany Rossler is an associate working out of the Toronto office of Thorsteinssons LLP. Brittany’s practice focuses on all aspects of tax litigation and dispute resolution. She has represented clients in appeals before the Tax Court of Canada, Federal Court… more »

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Canada Revenue Agency releases electronic mailing list for notifiable transactions

The CRA recently released an electronic mailing list primarily to notify subscribers when a new notifiable transaction has been designated by the Minister of National Revenue. The subscription webpage also indicates that subscribers to the electronic mailing list may…

Prepared by: Jonathan Longcroft

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 »

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Constitutional challenge to the new reportable and notifiable transaction regimes as applying to legal professionals launched

On June 22, 2023, Bill C-47 received Royal Assent, bringing into force new or expanded mandatory reporting rules for certain “reportable” or “notifiable” transactions (the “Mandatory Disclosure Rules”). The Mandatory Disclosure Rules require taxpayers, promoters and certain advisors (including legal…

Prepared by: Antonio Alcantara Tangonan

Antonio Alcantara Tangonan is an associate working out of the Toronto office of Thorsteinssons LLP. Antonio is a Dual JD graduate from the University of Windsor and University of Detroit Mercy School of Law. In 2020, he competed in the… more »

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Department of Finance releases draft legislation on Budget 2023 proposals and other notable tax measures

On August 4, 2023, the Department of Finance released draft legislative proposals relating to certain measures that were announced as part of the 2023 federal budget (“Budget 2023”) as well as other previously-announced measures. Included is draft legislation on…

Prepared by: Rebecca Loo

Rebecca Loo is a partner 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 »

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New / expanded mandatory disclosure rules become law

On June 22, 2023, Bill C-47 – An Act to implement certain provisions of the budgets tabled in Parliament on March 28, 2023 received Royal Assent. As a consequence, new or expanded mandatory reporting rules for certain “reportable” or “notifiable”…

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Retroactive legislation to reverse recent court decision on BC provincial sales tax and cloud computing

On June 20, 2023, the Province of British Columbia (the “Province”) released a Provincial Sales Tax (PST) Notice to providers and purchasers of cloud software and services (the “Notice”). The Notice came in response to the B.C. Supreme Court…

Prepared by: Adrian Zee

Adrian is an associate at the firm’s Vancouver office. Adrian’s practice focuses on Canadian commodity tax, including the Harmonized Sales Tax (HST), Goods and Services Tax (GST), provincial sales taxes, and realty taxes (including the B.C. Speculation and Vacancy Tax, City… more »

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