• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
HKL Tax Law

HKL Tax Law

Montreal Tax Lawyer

  • Why Us?
  • VDP & Taxpayer Relief
  • Tax Audits & Assessments
  • Tax Litigation
  • Blog
  • FR

Disallowed Deductions / Déductions refusées

Trust Prevented from Going Back on Its CCA Filing

EL · July 14, 2022 ·

The St. Benedict Catholic Secondary School Trust (the “Trust”) had a leasehold interest in the school bearing its name and surrounding land (class 13 property). From 1997 to 2003, the Trust claimed CCA and triggered non-capital losses (“NCLs”).

There Must Be an Intention to Profit for a Business to Exist

EL · May 31, 2022 ·

In Canada v. Paletta, the Federal Court of Appeal clarified that, in order for a business to exist, there must be an intention to earn a profit. Absent such intention, there is no business and therefore no “source of income”.

Lending Activity Did Not Possess the Positive Indicia of a “Business”

EL · January 5, 2022 ·

The appellant was a businessman who made his fortune in the oil and gas industry. In order to fructify his capital, he decided to lend money to third parties. When two companies to which he lent money went bankrupt, he claimed business losses in relation to the loans he made to these two companies.

Question de raisonnabilité

EL · October 11, 2021 ·

L’arrêt Gervais Auto Inc. c. Agence du revenu du Québec est intéressant parce qu’il revient sur le fardeau de preuve du contribuable lorsque celui-ci fait appel d’une cotisation fiscale.

Taxpayers Have the Burden to Demonstrate That a Tax Assessment Is Incorrect by Precise and Probable Proof

EL · June 27, 2021 ·

Unidisc musique inc. (“Unidisc”) is a company that sells music records. In the normal course of its business, it purchases master tapes of recordings of music (“master records”) in order to make copies of good quality for resale.

  • Page 1
  • Page 2
  • Go to Next Page »

Primary Sidebar

Categories

  • Audits / Vérifications
  • Director Liability / Responsabilité des administrateurs
  • Disallowed Deductions / Déductions refusées
  • GAAR / Règle anti-évitement générale
  • GST & QST / TPS & TVQ
  • Income Inclusions / Sommes à inclure dans le revenu
  • Legal Representatives / Représentants légaux
  • Losses Carryover / Report des pertes
  • Other / Autre
  • Penalties / Pénalités
  • Registered Plans / Régimes enregistrés
  • SR&ED / RS&DE
  • Tax Collection / Recouvrement
  • Tax Debt / Dette fiscale
  • Tax Treaties / Conventions fiscales
  • Taxpayer Relief / Allègements fiscaux
  • Unreported Income / Revenu non déclaré
  • VDP / PDV

Tel: (514) 503-7719 • Fax: (514) 807-4755 • Email: info@hkltax.com

Address: 1440 Sainte-Catherine West, #522, Montreal, QC H3G 1R8

HKL Tax Law

© 2024 HKL Droit Fiscal / HKL Tax Law | Tous droits réservés | All Rights Reserved