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.
October 2, 2024
CRA Guidance on Mandatory Disclosure – Contingent fees
CRA guidance on mandatory reporting says referral fees in respect of estate freeze transactions and the acquisition of life insurance do not require mandatory reporting. Positive for mainstream non-aggressive tax planning connected to life insurance…
September 11, 2024
The rundown on in-kind charitable gifts of life insurance and some recent clarifications
For considerations and rules relating to in-kind gifts of life insurance and an update on recent, specialized clarifications from the 2024 CALU CRA Roundtable and the August 12, 2024 draft legislation concerning life insurance gifts.
August 28, 2024
Technical amendment expands the time frame for post-mortem capital loss carry-back planning
We welcome the August 12, 2024 technical amendment to subsection 164(6) which extends the time frame for post-mortem capital-loss carry back planning.
July 31, 2024
Legislative loose ends
For an update on enacted tax legislation and some of the loose ends we’ve been following.
July 17, 2024
Roll-over of life insurance to a child – it’s a thing!
For a primer on the ins and outs of the rollover for transfers of a life insurance policy to a child.
July 3, 2024
Post-mortem planning – Some updates
For an update on recent post-mortem planning items and a reminder that life insurance can fund tax liabilities arising in respect of owning private company shares on death.
