Tax
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May 13, 2024
Tax Court sees new judicial appointment
Minister of Justice and Attorney General of Canada Arif Virani announced the appointment of Michael U. Ezri as a Judge of the Tax Court, a news release from the Department of Justice announced.
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May 10, 2024
Supreme Court of Canada clarifies how to assess compensation for constructive expropriation
The Supreme Court of Canada has explained how to assess compensation payable for constructive expropriation of private land by public authorities in a unanimous decision that reverses a ruling below that pegged what the City of St. John’s owes to a property owner to the land’s prospective market value if it were permitted to be developed for residential use, rather than to its much lower market value as land which is currently zoned “watershed,” with only limited discretionary agriculture, forestry and public utility uses.
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May 10, 2024
Business groups call on Ottawa to cancel proposed increase in capital gains inclusion rate
A collection of Canada’s largest industry associations is calling on the federal government to scrap its plan to increase the capital gains tax inclusion rate, arguing it will make Canada less competitive internationally.
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May 07, 2024
Sweeping national security bill would boost state investigative powers; expand & create crimes, AMPs
The federal government has introduced a sweeping national security bill that would create a publicly accessible “foreign influence transparency” registry; expand the warrant, production and disclosure powers of the Canadian Security Intelligence Agency (CSIS); affect criminal accused or judicial review applicants seeking access to relevant “information related to international relations, national defence or national security”; expand the current “sabotage” offence; and create new “foreign interference” offences, along with administrative monetary penalties (AMPs) of up to $5 million and five years in prison, including for knowingly obstructing the operations of the office of a proposed new “Foreign Influence Transparency Commissioner.”
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May 07, 2024
Transmission of U.S. citizenship: Blessing or curse?
Children of U.S. citizens often can go their whole lives without knowing that they actually are — already — U.S. citizens themselves. To individuals in this situation, finding out you are already a U.S. citizen can be like winning the lottery or your worst nightmare. U.S. citizenship comes with certain rights and privileges but also with certain obligations. Those who want to divest themselves from these obligations can do so but may be frustrated with how lengthy the process of renouncing or relinquishing U.S. citizenship can be.
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May 03, 2024
B.C. government protests U.S. trade court decision on Canadian softwood lumber duties
The B.C. government is decrying a recent decision by the U.S. Court of International Trade (CIT) ordering the U.S. Commerce Department to reinstate countervailing duties on Canadian lumber.
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May 03, 2024
The proposed enhancement of the CRA’s audit powers, part one: Under penalty of perjury
Budget 2024 proposes to substantially bolster the Canada Revenue Agency’s (CRA) audit powers, underscoring the increasing burden on taxpayers to comply with information requests and the consequences of non-compliance. The proposals include harsher penalties for non-compliance, expanded rules for what courts may order in such cases and rules requiring taxpayers to give oral or written responses under oath.
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May 03, 2024
Tax Court judicial appointment announced
Minister of Justice and Attorney General of Canada Arif Virani announced the appointment of Michael Tomka as judge of His Majesty’s Court of King’s Bench for Saskatchewan, a news release from the Department of Justice reported.
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May 02, 2024
New independent watchdog would assess & report how Ottawa carries out its modern treaty obligations
Ottawa says it will create an independent oversight body, led by a new “Commissioner for Modern Treaty Implementation” who reports to Parliament and whose role will be “to work to hold the Government of Canada accountable for its modern treaty obligations and advance key priorities.”
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May 02, 2024
Judicial appointment in Tax Court announced
Minister of Justice and Attorney General of Canada Arif Virani announced the appointment of Sophie Matte an associate judge of the Tax Court of Canada, a news release from the Department of Justice announced.