Tax Law Blog

by Jeff Kirshen

Canada’s 2021 Budget and its Impacts on Taxpayers

On April 19th, 2021, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland presented “Budget 2021”, the first federal budget...

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by Jeff Kirshen

The Taxation of Trusts in Canada

Trusts receive special tax treatment under Canadian income tax laws. Corporations are taxed as entities separate from the individuals controlling them, and...

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by Jeff Kirshen

The Toronto Vacancy Tax

On December 16, 2020, the City of Toronto approved the implementation of the new tax on vacant Toronto homes. The new tax is expected to generate at least...

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by Jeff Kirshen

S.45(2) Election and the Changes in Use of Property

Many Canadian taxpayers are aware that the disposition of a property typically triggers a capital gain. In other words, the taxpayer is required to pay a...

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by Jason Rosen

GST/HST and Crypto Currency Rules

If you use cryptocurrencies to pay for goods and services, then that is considered a barter transaction. What that means, is that the value received for a...

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by Jason Rosen

The Taxation of Cryptocurrency

For the past decade, the rise of Bitcoin and other cryptocurrencies has taken Canadians by storm. However, through the lens of legal policy making,...

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by Jason Rosen

Coinsquare and the CRA

On March 19, 2021, the Honourable Justice Pamel ordered CoinSquare, a major Canadian cryptocurrency exchange to provide a list of all Customer accounts,...

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by Jeff Kirshen

Employee Stock Options

Employee stock options give employees the right to purchase a specified number of shares of a company at a specified price. Employees can derive financial...

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