Legal expert says appeal decision ‘introduces quite a bit of uncertainty’ for tax professionals

By Ian Burns ( August 16, 2021, 9:30 AM EDT) -- A Canadian company is on the hook for millions of dollars after the Federal Court of Appeal ruled an agreement it entered into with a venture capital firm was abusive tax avoidance, and a legal observer is saying the decision brings uncertainty to tax practice which he hopes will be brought to the Supreme Court of Canada for clarification....
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