Tax
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September 10, 2024
Federal government announces public consultation as it eyes surtaxes on more Chinese goods
Amid rising trade tensions with China, Canada has launched another public consultation as a potential precursor to imposing additional surtaxes on Chinese goods.
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September 10, 2024
Converting your principal home to a rental property
When transitioning your principal residence into a rental property, or vice versa, the tax implications can be complex. Understanding these nuances is crucial for making informed decisions and effectively managing your tax liabilities.
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September 10, 2024
Federal lawyers’ union contends Ottawa’s return-to-office order is ‘arbitrary, counterproductive’
Arguing that the federal government’s return-to-office directive to public servants is “costly, inefficient, arbitrary, and counterproductive,” the union for more than 3,500 federal lawyers has challenged the federal Treasury Board direction that lawyers and most other federal workers must be physically present in their workplaces at least three days a week.
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September 09, 2024
Canada launches legal fight against increased U.S. duties on Canadian softwood lumber
Ottawa is launching two legal challenges under the Canada-United States-Mexico Agreement (CUSMA) in a bid to overturn a recent decision by the U.S. to increase anti-dumping duties and countervailing duties on Canadian softwood lumber.
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September 09, 2024
Director resignation and director’s liability
Are you a director on a board or have you ever been a director on a board? Do you know how a director’s liability is affected by resignation? This article discusses exactly that — whether a director can avoid certain liabilities by resigning.
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September 06, 2024
Securities regulators from across North America to gather in Vancouver starting Sunday
Securities regulators from across North America will gather in Vancouver this weekend and into early next week to discuss current issues affecting the industry, including emerging regulatory issues related to artificial intelligence (AI).
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August 26, 2024
Canada to implement 100% surtax on Chinese EVs to address ‘extraordinary threat’
Canada is bringing measures to implement a 100 per cent surtax on all Chinese-made electric vehicles (EVs) as Chinese producers “benefit from unfair, non-market policies and practices,” making the Canadian auto sector and workers face “unfair competition.”
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August 23, 2024
Court: PC Bank can claim tax credits for payments to Loblaws on points redemptions
Loblaw’s financial services arm can claim notional input tax credits (NITCs) for redemption payments made to Loblaws when consumers use their credit card points to make purchases, the Federal Court of Appeal has held.
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August 21, 2024
A beginner’s guide to cross-border tax issues for professional athletes: Part two
In part one of this series (see below for the link), we began looking at some of the main tax issues being faced by Canadian athletes who compete in the United States. Part one put a particular emphasis on residency for tax purposes in both Canada and the United States and alluded to the impact the Convention Between Canada and the United States of America (the Treaty) has on residency and the ultimate tax burden of an athlete.
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August 19, 2024
A beginner’s guide to cross-border tax issues for professional athletes: Part one
Professional sports in North America is a multibillion-dollar industry. Television rights, merchandise and sports betting are major areas in which the sporting industry has and continues to expand its global reach. However, at the centre of it all are the athletes themselves.