Monthly Archives: August 2008

Leaving a Sinking Ship

Posted on August 25, 2008 by John Loukidelis

The following article on resignation as a director of a corporation and directors’ liability under the Income Tax Act (Canada) appeared in the latest edition of the Hamilton Law Association Law Journal.

Posted in Corporations, Individuals, Miscellaneous | 2 Comments

PC Wind Down

Posted on August 8, 2008 by John Loukidelis

What happens to a professional corporation (a “PC”) when the doctor is no longer in the house?

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2.0

Posted on August 8, 2008 by John Loukidelis

Over the last few years, lawyers’ magazines and newspapers have been full of talk about “Web 2.0″ and its significance for the legal profession. To some degree, I remain a skeptic, despite that I have been blogging (a quintessential 2.0 … Continue reading →

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Donald Bowman Joins FMC

Posted on August 6, 2008 by John Loukidelis

Donald Bowman, the former Chief Justice of the Tax Court of Canada, has joined Fraser Milner Casgrain LLP as Counsel.

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Rectification

Posted on August 5, 2008 by John Loukidelis

Tax practitioners will be familiar with the Juliar case, which allowed the parties to a transaction to amend it with retroactive effect in order to avoid adverse income tax consequences. According to the Ontario Court of Appeal decision in the … Continue reading →

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