Tax
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February 05, 2025
Dentons names 11 new partners
Denton's has named 11 new partners in various locations across Canada: Philippe Bergeron, Alex Eckler, David Gravel, Jennifer Thompson, Kyle Isherwood, Romain Droitcourt, Raphael T. Eghan, Kalen Lumsden, Zach Seymour, Cindy Yi and Kurtis Letwin.,
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February 05, 2025
GST/HST input tax credits for dentists: CRA revokes longstanding administrative arrangement
On Oct. 25, 2024, the Canada Revenue Agency (CRA) officially announced in GST/HST Notice 339 (Notice 339) that, as of the first day of the fiscal year that begins on or after Jan. 1, 2025, dentists could no longer rely on a longstanding special administrative arrangement between the CRA and the Canadian Dental Association (arrangement) with respect to GST/HST input tax credits (ITCs) claims for dentists’ expenses relating to supplies of orthodontic services.
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February 04, 2025
Business, consumer bankruptcies reached 15-year high in 2024, says insolvency association
Last year was Canada’s worst year for business and consumer insolvencies since the recession of 2009 — and 2025 could be even worse if a trade war with the U.S. ensues, according to the chair of the Toronto-based Canadian Association of Insolvency and Restructuring Professionals (CAIRP).
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February 03, 2025
Chief Justice Wagner says federal judicial appointments on ‘right path’ as vacancies hit low of 30
The minority Liberal federal government has turned around the “untenable” situation Canada’s top judge warned about two years ago that was harming Canadians, due to a persistently-high number of federal judicial vacancies caused by Ottawa’s years-long chronic delays in appointing judges.
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February 03, 2025
Ontario Court of Appeal: Rectification not available to avoid unintended tax liability
The Ontario Court of Appeal has overturned a lower court order that allowed for the correction of corporate transactions that led to an unintended tax liability, finding that the failure of the resolutions to reach the intended fiscal objective was not a basis for granting rectification.
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January 31, 2025
Top judge says SCC wants to hear more private law cases, urges Canadians to ‘fight for’ rule of law
As the Supreme Court of Canada marks its 150th birthday amid rising incursions on the rule of law abroad, Chief Justice Richard Wagner says it can also be an opportune time for Canadians to reflect on the state of their own courts, the rule of law and their independent and impartial justice system.
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January 31, 2025
Federal government defers capital gains inclusion rate hike to 2026
The federal government has announced it is deferring the implementation of its increase in the capital gains tax inclusion rate from June 25, 2024 to Jan. 1, 2026.
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January 30, 2025
Saskatchewan seeks intervenor status in N.L. federal equalization challenge
Saskatchewan has applied to be an intervenor in Newfoundland and Labrador’s legal challenge to Ottawa’s federal equalization program — a longstanding system that transfers money to provinces with less “fiscal capacity.”
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January 29, 2025
7 new partners for Aird & Berlis
Monica Carinci, Ryan Cohen, Matthew Helfand, Meredith McCann, Ian McLeod, Lawrence Veregin and Jonathan Yantzi are the newest partners at Aird & Berlis, the firm has announced.
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January 28, 2025
Inquiry calls for new prohibitions, penalties against foreign interference in Canada’s democracy
The federal Public Inquiry into Foreign Interference has recommended new prohibitions, fines and stiffer administrative monetary penalties (AMPs), as well as other legislative changes, to strengthen Canada’s defences against foreign interference in the country’s democratic processes.