Monthly Archives: December 2008

Dividend Caps

Posted on December 17, 2008 by John Loukidelis

Sometimes we receive instructions for incorporation that include a request to create shares with a fixed redemption amount and a right to receive unlimited dividends. We generally advise against creating such shares, especially if they are to be used in … Continue reading →

Posted in Corporations, Estates and Trusts | Leave a comment

$2.5 billion

Posted on December 4, 2008 by John Loukidelis

The CRA continues to talk tough on donation tax shelter schemes. And why shouldn’t it? Its boast that “In 2008, Canadian courts have continued to confirm the CRA’s position with respect to these schemes” is accurate. What I find disturbing … Continue reading →

Posted in Charities and Not-for-Profits | Leave a comment

"Tax tip"

Posted on December 2, 2008 by John Loukidelis

“Did you know… That you should notify the Canada Revenue Agency (CRA) when directors of your corporation change?”

Posted in CRA News | Leave a comment