Now that Bill 21 (the Act respecting the laicity of the State (the “Act”)) is officially in force in Quebec, many professionals working in public institutions, including physicians, are questioning its practical ...
As of June 13, 2019, private corporations governed by the Canada Business Corporations Act are obliged to establish a new security register detailing all individuals with significant control over the corporation. ...
Quebec’s Ministry of Finance recently published measures in Information Bulletin 2019-5 (1) that has a significant impact on the obligation of taxpayer disclosure in a nominee relationship. Effective May 17, ...
It is common for business people to have their corporation act as owner and beneficiary of their life insurance policy. In doing so, the corporation is permitted to pay the ...
In the context of insurance litigation, Courts recognize the power imbalance between an insured party and the insurance company with which they filed a claim. Courts have consistently held that ...
Tax reporting of employment or investment income using T-slips is generally straightforward. Usually, an employer issues a T4 slip to each employee, which details his or her employment income for ...
Unanimous shareholders’ agreements frequently include a buy/sell clause, commonly known as a shotgun clause, which provides that a shareholder (the “Offering Shareholder”) may send a notice to another shareholder (the ...
An individual who immigrates to Israel benefits, for his first years of residence, from an income tax exemption. In fact, during the first 10 years following the date of his ...
The new income splitting rules are causing many tax practitioners to re-examine even the most basic tax planning structures. For instance, taxpayers for many years have been able to effectively ...
On June 21, 2018, Bill C-45, now known as the Act Respecting Cannabis and to Amend the Controlled Drugs and Substances Act, the Criminal Code and Other Acts (hereinafter the ...
