IRS Says Hundreds Of Thousands Of US Citizens Are Not Reporting Canadian Trusts
by Roy Berg and Lisa Handfield of Moodys LLP This week [May 6, 2013] the IRS released statistics on the number of returns it received in 2010 from US citizens with foreign trusts. The results are...
View ArticleCanada: International Aggressive Tax Avoidance And Tax Evasion
by Gabrielle M.R. Richards of McCarthy Tétrault LLP Canada’s 2013 federal budget (Budget 2013) released on March 21, 2013 introduces a number of measures to strengthen the ability of the Canada Revenue...
View ArticleA Graceful Exit – Paying Credit Facilities In Connection With An M&A Transaction
by Ana Badour of McCarthy Tétrault LLP It is quite common that an existing credit facility has to be paid out in connection with the completion of an M&A transaction, as a result of, for example, a...
View ArticleFinal Complaints Regulations Published Plus New FCAC Guidance [for Canadian...
by Dawn Jetten and Bonny Murray of Blake, Cassels & Graydon LLP Further to our July 2012 Blakes Bulletin: New Oversight for Banking Complaints, the final Complaints (Banks, Authorized Foreign Banks...
View ArticleThe Types of Employee Leaves of Absence in Ontario
by Christina J. Wallis of Dale & Lessmann LLP The following chart provides information on the different types of leaves available to employees in Ontario under the Employment Standards Act, 2000:...
View ArticleIf Employees Are Telecommuting … Bucking The Yahoo! Trend
by Earl Phillips of McCarthy Tétrault LLP Telecommuting may be on the way out at Yahoo! but it is very much alive elsewhere. So if you have employees who are working from home, or if you are...
View ArticleReal Estate Development And Investment Companies Having Trouble Finding...
by Ian Aversa and James Desjardins of Aird & Berlis LLP The Companies’ Creditors Arrangement Act1 (the “CCAA“) is by far the most flexible Canadian law under which a corporation can restructure its...
View ArticleVideo: Share Purchase Agreements and Cross-Border Tax
by Andrew Reback of Cassels Brock & Blackwell LLP
View ArticleBeware Of The US “Snowbird Visa TAX BOMB!”
by Roy Berg of Moodys LLP The current immigration bill pending before the US Congress contains provisions that will make it easier for Canadians and retirees to obtain non-immigrant status in the US....
View ArticleWhat Do Trademark Owners Need to Know About the Trademark Clearinghouse for...
by Bonnie D. Headley of Bennett Jones LLP The Internet Committee for Assigned Names and Numbers (ICANN), a nonprofit organization that oversees the use of Internet domains, has recently implemented a...
View ArticleThe Legal Issues Of Cloud-based Computing Services
by Lisa K. Abe-Oldenburg of Bennett Jones LLP Business leaders are under tremendous pressure to maximize the value of their company’s IT and data. Staying on top of the ever-changing technology and...
View ArticleHow NOT To Draft An Enforceable Non-Competition Agreement
by Jeremy Schwartz of Stringer LLP Some organizations subscribe to the close your eyes and think good thoughts school of drafting, when it comes to non-competition agreements in employment contracts....
View ArticleCanadian Charitable Tax Shelters
by Kim G. C Moody of Moodys Tax Advisors Last week, a longtime colleague of mine sent me a link to some promotional material that a charitable tax shelter had recently distributed. The material was...
View ArticleGo Directly to Jail – Directors & Unpaid Wages [in Canada]
by Joseph J. Masterson of Lerners LLP The liability of officers and directors of corporations for unpaid wages to employees is not a new concept. The Employment Standards Act, 2000 (ESA) in Ontario...
View ArticleSupreme Court Weighs In On Age-Old Question In Daishowa-Marubeni: If A Tree...
by Ryan Morris and Jeffrey W. Beedell of McMillan LLP That very question was posed by Justice Rothstein of the Supreme Court of Canada in the opening paragraph of his judgment on behalf of a unanimous...
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