The practice of law is changing every day, and the effect of changing legislature on businesses is significant. We write about recent developments in the world of tax & business law, keeping a watchful eye on the changing landscape for our clients. See what we’re thinking about, and what your business should be looking out for.

  • Tax LawThe 2018 Federal Budget: Tax Reform for Private Corporations is Softened

    The 2018 Federal Budget has been more anticipated than usual for private corporations and their tax advisors. The Budget contains many items of interest for private corporations and high net-worth individuals with corporate-held investments, and is not as punitive as some have feared.

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  • Mo Headshot (1)By Mohamed AmeryMarch 05 2018
    LitigationForcing an Opposing Party to Take Urgent Action before Trial

    There are essentially two types of interlocutory (pre-trial) injunctions: 1) a prohibitive injunction and 2) a mandatory injunction.  

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  • Tax Law2018 Federal Budget: What Private Companies Need to Know

    On February 27, 2018 the Department of Finance (“Finance”) released its 2018 federal budget (the “Budget”). Given the climate surrounding private companies, this Budget in particular was eagerly awaited by owner managers and tax advisors. While the Budget contains many items of interest for large private companies and high net-worth individuals with corporate-held investments, it is not as punitive as some have feared. 

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  • Dan Head Shot (1)Rami Pandher (2)By Dan Misutka and Rami PandherFebruary 27 2018
    Tax LawTax Dispute Resolution: Monthly Review Vol. 1, No. 2

    If a taxpayer is issued a reassessment of tax that is incorrect, recourse may be available if a Notice of Objection to the reassessment is filed. The relatively recent decision in Minister of National Revenue v. ConocoPhillips Canada Resource Corp. serves as a reminder that tax dispute procedures are often stacked against taxpayers.

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  • Mo Headshot (1)By Mohamed AmeryFebruary 26 2018
    LitigationLiquidation and Dissolution of a Corporation as a Remedy for an Aggrieved Shareholder

    In the recent past, I wrote about the oppression remedy.  See “A Brief Overview of the Oppression Remedy” (April 2017) and “Director Liability in Oppression Actions” (August 2017).  Those articles serve as a helpful, but not necessary, lead-in to this article, which focuses on an alternative way by which an aggrieved shareholder may wish to exit an incorporated business absent oppression or shareholder agreement terms that may be utilized.  On that latter topic, have a look at my articles on “shot-gun” clauses, “Shot-Gun Clauses: Important but Draft Carefully and Use with Care” (July 2017), and on rights of first refusal, “ROFR Rights and Obligations” (October 2017). 

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  • Joe Headshot (1)By Joe BrennanFebruary 15 2018
    Business LawBe Aware of the Competition Act When Making Acquisitions

    The Competition Bureau can review any merger or acquisition transaction, whether or not it is a “notifiable transaction” and whether or not the transaction has already closed.

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