A recent decision from the Ontario Court of Appeal is a good reminder that courts won’t bail you out just because a tax plan didn’t go as expected. In Pyxis Real Estate Equities Inc. v. Canada, 2025 ONCA 65, the Court made it...more
8/1/2025
/ Appeals ,
Business Entities ,
Canada ,
Canada Revenue Agency (CRA) ,
Corporate Governance ,
Corporate Taxes ,
Due Diligence ,
Ontario ,
Tax Appeals ,
Tax Liability ,
Tax Planning ,
Taxation
The question of when a lawsuit can be commenced in Ontario seems pretty straightforward – in general, a plaintiff has two years from the date when the basis for a claim is (or should have been) discovered. It sounds simple...more
10/23/2024
/ Beneficiaries ,
Canada ,
Estate Planning ,
Gifts ,
Holding Companies ,
Limitations Act ,
Loans ,
Marriage ,
Ontario ,
Spouses ,
Trustees ,
Wills