Tax Alert Archives

COVID-19 Tax Update: Tax Court of Canada Extends Suspension Period and Further Cancels Judicial Sittings and Conference Calls

On April 17, 2020 the Tax Court of Canada released a Practice Direction and Order advising that the Court remains closed until further notice and extending its previously announced suspension period, which was set to expire on May 1, 2020. …

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: Federal Court of Appeal Announces Procedures for Certain Cases to Proceed

On April 15, 2020 the Federal Court of Appeal released a Notice to the Parties and the Profession allowing certain cases to progress towards a determination on the merits despite the pandemic. The Notice can be found here.

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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COVID-19 Tax Update: Legislation implementing the Canada Emergency Wage Subsidy (CEWS) enacted

On April 11, 2020, Bill C-14 COVID-19 Emergency Response Act, No. 2, was released, passed all stages of reading and received Royal Assent. The legislation amends the Income Tax Act (Canada) to implement the CEWS and contains substantially greater…

Prepared by: Julia Ji

Julia Ji is an associate practising in the firm’s Toronto office. Julia’s practice includes corporate tax advisory, tax planning, business structuring and tax litigation. Prior to joining Thorsteinssons, Julia was a certified digital project manager specializing in enterprise information architecture… more »

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COVID-19 Tax Update: Finance Announces Changes to Canada Emergency Wage Subsidy (CEWS)

UPDATE: Legislation implementing the CEWS was enacted into law on April 11, 2020. See our Tax Alert on that update here

On April 8, 2020 the federal government released additional and revised details on the Canada Emergency Wage…

Prepared by: Julia Ji

Julia Ji is an associate practising in the firm’s Toronto office. Julia’s practice includes corporate tax advisory, tax planning, business structuring and tax litigation. Prior to joining Thorsteinssons, Julia was a certified digital project manager specializing in enterprise information architecture… more »

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COVID-19 Tax Update: B.C. Transparency Register In-Force Date Delayed to October 1, 2020

On April 6, 2020, the B.C. government announced that the coming into force date for the new “transparency register” requirements will be delayed until October 1, 2020. Originally slated to be effective May 1, 2020, recently-enacted amendments to the Business

Prepared by: Carmina Chan

Carmina Chan is an associate at the firm’s Vancouver office. Carmina has completed a Masters in Taxation at the University of Sherbrooke in 2013. She received her Bachelor of Laws (JD) from the University of Ottawa in 2010 and is… more »

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COVID-19 Tax Update: Federal Court of Appeal extends suspension period and implements measures allowing certain matters to proceed

On April 2, 2020 the Federal Court of Appeal released a Notice to the Parties and the Profession extending the suspension period, during which time the computation of time under both procedural rules and any direction or order of 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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COVID-19 Tax Update: Department of Finance Releases Guidance on the Canada Emergency Wage Subsidy

UPDATE:  Legislation implementing the CEWS was enacted into law on April 11, 2020. See our Tax Alert on that update here

UPDATE:  Changes to the CEWS were announced on April 8, 2020. See our Tax Alert on those changes

Prepared by: Julia Ji

Julia Ji is an associate practising in the firm’s Toronto office. Julia’s practice includes corporate tax advisory, tax planning, business structuring and tax litigation. Prior to joining Thorsteinssons, Julia was a certified digital project manager specializing in enterprise information architecture… more »

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COVID-19 Tax Update: Extension to T3 Filing Deadline for Off-Calendar Year Trusts

The Canada Revenue Agency again updated its website which sets forth the extended filing due dates for various entities as a result of COVID-19 (link). This time, the CRA extended to June 1, 2020 the deadline to file a…

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: Extension to T2 Filing Deadline

As of March 30, 2020, the Canada Revenue Agency updated the website it maintains setting forth the extended filing due dates for individuals, corporations, trusts and charities (link). In doing so, the CRA explicitly extended the filing due date…

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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Speculation and Vacancy Tax Declaration Deadline Tomorrow

Despite the COVID-19 crisis, BC has refused to extend the deadline to complete the 2019 Speculation and Vacancy Tax (SVT) declaration, which remains due on March 31, 2020. Each registered owner of residential property in an affected area must complete…

Prepared by: Noah Sarna

Noah is a partner practising in the firm’s Toronto and Vancouver offices. Noah’s practice focuses on all aspects of commodity tax, including Goods and Services Tax/Harmonized Sales Tax, provincial sales taxes and property or land transfer taxes, including Vancouver’s vacancy… more »

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