March 12, 2025
Moving to Canada with foreign life insurance
What are the tax consequences of moving to Canada with foreign life insurance?
February 26, 2025
Divisive reorganizations and life insurance – Breaking up is hard to do
When it comes to divisive reorganizations, life insurance can be a challenging asset to deal with from a tax point of view. When putting corporate owned life insurance in place, it is important to consider…
February 12, 2025
Capital gains inclusion rate change – Back to where we started
Deferred implementation of proposed changes to the capital gains inclusion rate to January 1, 2026 brings us back to where we always were. Funding estate tax liabilities should remain in focus.
January 29, 2025
Charitable gift extension – Questions answered
Questions have been answered regarding the extent of the promised tax measure that would recognize gifts to charity made until February 28, 2025, for the 2024 tax year. Draft legislation was released.
January 8, 2025
Capital gains inclusion rate change – To be or not to be?
Here is our take on the recent political and administrative events that have unfolded to start 2025 focusing on the capital gains inclusion rate change that is not yet law.
December 11, 2024
Joint last-to-die life insurance – Food for thought
When is joint last-to-die life insurance the right fit? And when is it not? Here are some considerations.
November 27, 2024
The nuts and bolts of interest deductibility and leveraged life insurance – A primer
For a review of interest deductibility in the context of leveraged life insurance.
November 13, 2024
Trust rollout of life insurance – Confirmed in writing
The CRA’s long-standing position allowing a rollout of a life insurance policy from a trust has been confirmed in writing at the recent APFF Conference.
October 30, 2024
The quest for corporate beneficial ownership information – Where it’s at and where it’s going
Transparency of corporate beneficial ownership information is required to be publicly available for companies incorporated under the Canada Business Corporations Act. For an update on corporate beneficial ownership in Canada.
October 16, 2024
A business succession story – As told by the Tax Court
A tax case chronicles the story of a family business succession with a happy ending.
