Tax
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November 29, 2024
Communications with accountants are not privileged
In the course of a tax appeal, the taxpayer and the Canada Revenue Agency (CRA) have the right to inspect certain documents in the possession, control or power of the other party, provided they are relevant to any matter in question in the appeal. However, documents protected by solicitor-client privilege are exempt from this requirement. Generally, documents created by taxpayers’ accountants must be disclosed.
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November 29, 2024
LSO addresses new working groups, information on confidentiality of investigations
Ontario’s law society used its November Convocation to unveil a new working group focusing on the “long-term future” of the province’s paralegals and to codify rules around the confidentiality of information gathered in tribunal investigations.
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November 28, 2024
Federal government tables legislation for 2-month GST/HST holiday
The federal government has introduced Bill C-78, the Tax Break for All Canadians Act in Parliament, which proposes to give a two-month GST/HST tax break from Dec. 14 to Feb. 15, on products such as groceries, restaurant meals and children’s clothing and toys. It will amend the Excise Tax Act in order to implement the temporary tax break.
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November 27, 2024
Law360 Canada Pulse survey: what lawyers really think about their profession
Find out what lawyers really think about their profession in Law360 Canada Pulse’s Lawyer Satisfaction Survey.
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November 26, 2024
Anti-money laundering fines reached record level in past year, says FINTRAC annual report
Fines issued against Canadian financial institutions, businesses and individuals for violating anti-money laundering laws and regulations reached a record $26.1 million during the 2023-24 fiscal year, according to Canada’s anti-money laundering watchdog.
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November 26, 2024
Secure your legacy: The importance of ‘Make-a-Will Month’
November is “Make-a-Will Month” — an opportunity to highlight the critical importance of having a will. With almost half of Canadians lacking a will, it is vital to raise awareness about how this document can protect families and ensure that wishes are respected after death, especially for individuals with significant wealth or other complexities.
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November 26, 2024
Law360 Canada Pulse survey: stress remains significant issue for lawyers
A recent survey of the legal profession is showing high levels of satisfaction with things like collegiality and collaboration at their firms and opportunities for advancement, but there is one issue that continues to remain a problem and has no easy fix — stress.
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November 25, 2024
RCMP union sues federal government over pension rights of part-time members
The union representing about 20,000 RCMP members is suing the federal government over a policy that prevents those who temporarily worked part-time from buying back pensionable service.
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November 25, 2024
Law360 Canada Pulse survey: majority of lawyers say they are satisfied with their jobs
A recent survey of lawyers is indicating overall satisfaction with many aspects of the profession, despite some lingering concerns about things like stress and compensation.
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November 22, 2024
Tax authority permitted to make assumptions of fact that are presumed true: B.C. Court of Appeal
B.C.’s top court has issued a pair of rulings that say that a taxing authority is permitted to make assumptions of fact that are presumed true unless the taxpayer disproves them.