Monthly Archives: October 2008

Directors and revival, again

Posted on October 30, 2008 by John Loukidelis

In Leger v. The Queen, 2007 TCC 322 (which I discussed here) the Court held that the dissolution of a corporation that was later revived did not engage the two-year limitation period otherwise applicable under subsection 227.1(4) of the Income … Continue reading →

Posted in Cases, Corporations | Leave a comment

Control Premiums

Posted on October 25, 2008 by John Loukidelis

David Louis at Minden Gross has an interesting article in the October 16 issue of Tax Topics on control premiums for “thin voting shares” (shares that do not participate significantly in the earnings or assets of a corporation but that … Continue reading →

Posted in Corporations | Leave a comment

Yubnub

Posted on October 16, 2008 by John Loukidelis

I’ve found yubnub.org to be a pretty useful tool especially after I integrated it with Firefox, my browser of choice. With a few keystrokes, I am able to perform searches, including Google and Google Maps searches, without having to go … Continue reading →

Posted in Miscellaneous | Leave a comment

The Cottage as a Principal Residence

Posted on October 9, 2008 by John Loukidelis

The following article appeared in the latest edition of the Hamilton Law Association Law Journal. In many families, the summer cottage is something like an institution. It provides happy memories of lazy days spent on the water and cool nights … Continue reading →

Posted in Individuals | 2 Comments

Jeopardy

Posted on October 5, 2008 by John Loukidelis

Generally speaking, the CRA cannot collect an income tax debt from a taxpayer while the taxpayer disputes the assessment from which the debt is derived before the Tax Court renders a judgment on the assessment. The CRA, however, can apply … Continue reading →

Posted in Cases, Individuals | Leave a comment