Corporate and property searches are an essential starting point for tenant due diligence when negotiating a commercial lease. Due diligence search results can provide tenants with a clearer picture of the property, the...more
Since the publication of our blog, Tenants Beware: The Risks of Landlord Tax Liabilities, draft legislation released by the Department of Finance on August 12, 2024, has proposed a change to the Income Tax Act (Canada) (the...more
10/2/2024
/ Canada ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Tenants ,
Landlords ,
Property Owners ,
Property Tax ,
Property Valuation ,
Rental Property ,
Residential Leases ,
Tax Liability ,
Tenants
A recent ruling from the Tax Court of Canada underscores the significance of tenants verifying their landlords' residency status in adhering to any obligations to withhold taxes in accordance with Part XIII of the Income Tax...more