Monthly Archives: March 2009

Election for Restrictive Covenants

Posted on March 27, 2009 by John Loukidelis

Bryan Walters at Wade Group was kind enough to forward to me a link to the five-page “election letter” that the CRA wants taxpayers to use who are making elections under subsection 56.4(3) of the Income Tax Act.

Posted in Miscellaneous | Leave a comment

Local flavour

Posted on March 12, 2009 by John Loukidelis

Here’s a case with some local flavour, of a sort: Dundurn Street Loffts Inc. v. The Queen, 2009 TCC 122.

Posted in Cases, Tax Court Appeals | 1 Comment

Class action

Posted on March 9, 2009 by John Loukidelis

Sorbara v. Canada (Attorney General), 2008 CanLII 61246 (ON S.C.) is an interesting case about class action proceedings and Tax Court appeals. The moral of the story: the Tax Court has exclusive jurisdiction over tax matters even though it (probably) … Continue reading →

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Budget bill

Posted on March 7, 2009 by John Loukidelis

Bill C-10, “An Act to implement certain provisions of the budget tabled in Parliament on January 27, 2009 and related fiscal measures”, has received second reading in the Senate and been referred to committee.

Posted in Legislation | 1 Comment

The Exemption

Posted on March 4, 2009 by John Loukidelis

I delivered a paper on the capital gains exemption at the Ontario Bar Association yesterday in Toronto at a conference for estates and trusts lawyers.

Posted in Corporations, Individuals | Leave a comment