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…
March 27, 2024
The new GAAR is already getting warmer
More good news from the CRA on the new GAAR. Common tax and estate planning transactions that were not GAAR-able before are not going to be GAAR-able now.