Schedule a Secure Video Conference Call on Cisco Webex ™ Using Joint Ventures To Capitalize On Real Estate Investments Joint Ventures are increasingly being used by Real Estate Investors to suitably combine financial capital with pro rated risk exposure, and the structure provides a comfortable legal and logical framework […]
Monthly Archives: July 2020
20 posts
Schedule a Secure Video Conference Call on Cisco Webex ™ Section 84 And The Deemed Dividend Rules - Avoiding The Deemed Dividend Trap Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 Canada’s deemed dividend rules as found in section 84 of the Income Tax Act (ITA) are […]
Schedule a Secure Video Conference Call on Cisco Webex ™ The New Refundable Dividend Tax On Hand (RDTOH) Provisions Explained Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 As part the 2018 budget, the federal government announced two proposed measures to restrict the tax advantages of earning passive investment […]
Schedule a Secure Video Conference Call on Cisco Webex ™ An Overview of Attribution Rules Canada Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 Income splitting among family members can be beneficial largely because of the graduated tax rates used in our income tax system. All provinces […]
Schedule a Secure Video Conference Call on Cisco Webex ™ The Concept of Adjusted Aggregate Investment Income - What Does it Mean? Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 The 2018 federal Budget includes a measure designed to slow the accumulation of passive investments within active […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Taxation Issues Facing Canadian Parent Corporations With Foreign Affiliates Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 The prospect for Canadian parent corporations to invest in foreign subsidiaries can provide multiple business opportunities that otherwise may not […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Corporate Tax Planning: Utilizing The Butterfly Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 In 1981, John Robertson, then director general of the CCRA’s Corporate Rulings Directorate, presented a paper at the annual conference of the Canadian […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Tax Planning And Transfer Of Wealth Using Life Insurance Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 There has been a substantial increase by corporate and individual taxpayers alike in Canada of the use of Life Insurance […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Inter-Corporate Dividends And Subsection 55(2) - What You Need To Know. Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 Taxation of inter-corporate dividends has been expanded by amendments to Subsection 55(2) of the Income Tax Act first […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Safe Income And The Calculation Of The Safe Income Determination Time Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 Amendments to section 55(2) of the Income Tax Act (IT) greatly broadened the reach of subsection 55(2) primarily due […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Learn About the Eligibility Criteria for Using the Income Tax Act Under Replacement Property Rules Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 The purpose of the replacement property rules in the Income Tax Act (ITA) is […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Protecting Your Wealth For The Next Generation: Provisions To Transfer Wealth Efficiently. Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 If a taxpayer owns shares in a corporation that was built over the years and that now […]
Schedule a Secure Video Conference Call on Cisco Webex ™ The Foreign Accrual Property Income (FAPI) Rules. What Corporations Need To Know Before Investing Outside of Canada. Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 When a Canadian corporation holds a controlling interest in a foreign affiliate, […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Tax Planning With Estate Freezes - An Overview Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 An estate freeze is a technique used to freeze the value of someone’s business interest, pass the future growth in that […]
Schedule a Secure Video Conference Call on Cisco Webex ™ The Corporate Attribution Rules - Navigating Through The Delicate Nature Of Non-Arms Length Transactions Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 Income splitting has become a very popular technique used by many individuals for effective income tax […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Income Tax And Non-Residents - Part 2 Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 In part 1 of our article on taxation of non-resident Canadian income, we dealt with the various filing requirements non-residents must complete […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Income Tax And Non-Residents - Part 1 Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 Sections 115 and 116 of the Income Tax Act (ITA) deal with Canadian sourced income and capital gains generated on taxable Canadian […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Best Practices And Tax Planning Essentials Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 The concept of corporate and personal tax planning over the last 10 years has become more complicated as the Canada Revenue Agency (CRA) […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Amalgamation or Wind-Up - What's The Difference? Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 The Income Tax Act provides 2 main merger techniques that can be used to consolidate two or more Canadian corporations. There are […]
Schedule a Secure Video Conference Call on Cisco Webex ™ Leading Tax Advice Call Nicholas Kilpatrick 604-612-8620 Under paragraph 88(1)(d), the Income Tax Act permits an increase (or bump) in the cost of property and effectively reduces or completely eliminates accrued gains that would otherwise be […]