News & Analysis as of

Canada Income Taxes Tax Planning

Stikeman Elliott LLP

Understanding Canada’s New Digital Services Tax

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Canada’s Digital Services Tax Act was enacted on June 20, 2024 and came into effect by Order in Council on June 28, 2024. The new legislation imposes a digital services tax of 3% on digital services revenue exceeding...more

Bennett Jones LLP

Incentivizing Employees: Avoiding a Salary Deferral Arrangement

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Incentivizing employees is a critical component of most business strategies. Employers may implement arrangements for deferred cash bonuses, often subject to the satisfaction of certain criteria. From a tax perspective, the...more

Blake, Cassels & Graydon LLP

Fiscalité internationale : Décisions de la Cour suprême du Canada

La Cour suprême du Canada (la « CSC ») a récemment rendu d’importantes décisions dans deux différends qui portaient sur des questions de fiscalité internationale. Dans l’affaire Canada c. Alta Energy Luxembourg S.A.R.L., 2021...more

Blake, Cassels & Graydon LLP

International Tax Issues at the Supreme Court of Canada

The Supreme Court of Canada (SCC) recently released two important decisions relating to international tax issues. The SCC provided meaningful guidance on the interpretation of one of Canada’s bilateral tax treaties and the...more

Bennett Jones LLP

Income Tax Update from the Supreme Court of Canada: The GAAR Does Not Apply to Treaty Shopping

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The Duke of Westminster Principle Still Lives On for Tax Planning - On November 26, 2021, the Supreme Court of Canada released its decision and reasons in Her Majesty the Queen and Alta Energy Luxembourg S.A.R.L., 2021 SCC...more

Davies Ward Phillips & Vineberg LLP

Taxpayers Must Pay Interest on Non-Existent Tax Debts

In The Bank of Nova Scotia v The Queen, the Tax Court of Canada (TCC) considered how to calculate arrears interest on an audit adjustment that is offset by a loss carryback. ...more

Dickinson Wright

Bill C-208: Intergenerational Business Transfers

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On June 29, 2021, Bill C-208 was granted Royal Assent and became law in Canada.  Bill C-208 amended the Income Tax Act (Canada) (the “Act”) to provide tax relief to families wishing to transfer shares of small business...more

Hogan Lovells

Spanish Supreme Court opens the door to refunds of withholding taxes borne by non-EU pension funds

Hogan Lovells on

The Spanish Supreme Court has recently issued a judgment concluding that a Canadian pension qualifies for the same tax treatment as Spanish pension funds and is therefore entitled to obtain the refund of the withholding tax...more

Blake, Cassels & Graydon LLP

Énoncé économique de l’automne de 2020 – Présentation de certaines mesures fiscales

En raison de la situation sans précédent causée par la pandémie mondiale cette année, le gouvernement fédéral a reporté la présentation du budget qui devait avoir lieu en mars 2020. Le gouvernement a plutôt consacré, à juste...more

Blake, Cassels & Graydon LLP

Fall Economic Statement 2020 - Selected Tax Measures

With the onset of this year’s unprecedented global pandemic, the federal government postponed the budget previously scheduled for March 2020. The government’s attention understandably shifted to the enactment of emergency...more

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