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Montemarano v. R. - TCC: House sold after relationship breakup - entitled to New Housing Rebates

10 juillet 2015 By Bill Innes

Précis: The point at issue in this decision was whether the taxpayer had purchased a home for use as his primary residence and was therefore entitled to the federal and Ontario New Housing Rebates he claimed.
Montemarano v. R. - TCC: House sold after relationship breakup - entitled to New Housing RebatesPlus >

Larouche v. R. - FC: Judicial review application for taxpayer interest relief dismissed

9 juillet 2015 By Bill Innes

Précis: This case arose out the grant of 250 stock options to M. Larouche by his employer, Cinépix Film Production (Cinépix). M. Larouche had the 250 shares issued to a company he controlled , 2753-1359 Québec Inc.
Larouche v. R. - FC: Judicial review application for taxpayer interest relief dismissedPlus >

Delle Donne v. R. - TCC: CRA loses attempt to tax bad debt in Ponzi scheme

8 juillet 2015 By Bill Innes

Précis: The appellant was a retired dentist who invested his funds at high rates of return with a corporation (“SA”) owned by his brother-in-law, Mr. Amato. That corporation in turn invested the funds with another corporation (“EMB”) controlled by an unrelated individual, Mr. Mander.
Delle Donne v. R. - TCC: CRA loses attempt to tax bad debt in Ponzi schemePlus >

Coombs v. R. - TCC: Tax Court rejects alleged losses

8 juillet 2015 By Bill Innes

Coombs v. R. - TCC: Tax Court rejects alleged lossesPlus >

Lubega-Matovu v. R. - TCC: Court finds business losses fictitious

7 juillet 2015 By Bill Innes

Précis: Mr. Lubega-Matovu was, at the date of the hearing, a retired senior auditor with CRA. In 2006, 2007 and 2008 he claimed business and rental losses that essentially reduced his taxable income to nothing. His wife, Ms. Lukwago, claimed a small amount of business income in those years and also claimed losses from businesses carried on with her husband.
Lubega-Matovu v. R. - TCC: Court finds business losses fictitiousPlus >

Naraine v. R. - TCC: Damage award against former employer largely taxable

7 juillet 2015 By Bill Innes

Précis: Mr. Naraine was terminated by Ford in 1985. He spent 21 years pursuing a claim against Ford and was finally awarded a total of $369,422.82 consisting of general damages, special damages and pre- and post- judgment interest on both.
Naraine v. R. - TCC: Damage award against former employer largely taxablePlus >

Ghaffari v. R. - TCC: Unreported rental income of $100,000 taxable

6 juillet 2015 By Bill Innes

Précis: This case involved the appeal of spouses, Shahrzad Ghaffari and Bernard Tajick, against an inclusion in their incomes for 2009 by the Minister of $50,550 each. They were co-owners of a building located at 3130 Sainte Catherine Street East, Montréal which was operated by a general partnership owned by them (“Best Dev”) and leased to a corporation owned by them (“Auberge”).
Ghaffari v. R. - TCC: Unreported rental income of $100,000 taxablePlus >

Tax Court of Canada Appointment: Justice Guy R. Smith

6 juillet 2015 By Bill Innes

The Honourable Peter MacKay, P.C., Q.C., M.P. for Central Nova, Minister of Justice and Attorney General of Canada, today announced the following appointment...
Tax Court of Canada Appointment: Justice Guy R. SmithPlus >

Standard Life v. R. - TCC: Crown awarded a staggering $474,663 in costs

3 juillet 2015 By Bill Innes

Précis: This is the costs decision in the Standard Life appeal. The Crown asked for costs at a rate of 50% of solicitor and client costs up to the date of a written settlement offer and 80% thereafter, plus reasonable disbursements.
Standard Life v. R. - TCC: Crown awarded a staggering $474,663 in costsPlus >

Highweb & Page Group Inc. v. R. - TCC: No SRED credits for badly documented work

3 juillet 2015 By Bill Innes

Précis: The appellant was in the business of marketing and design of digital software and web-based accessibility systems. The dispute concerned SRED expenditures in its 2007 and 2008 taxation years. The Minister denied the bulk of these claims.
Highweb & Page Group Inc. v. R. - TCC: No SRED credits for badly documented workPlus >

Archives - 2015

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