Denial of Canadian R&D tax credits – not a CCPC based on de facto control *

Canada - February 22 2013
Under subsection 127(10.1) of the Income Tax Act (the Act), a Canadian-controlled private corporation (CCPC) may benefit from an additional 15%…

Co-authors: Derek G. Chiasson.

Architects in Quebec: incorporation and practicing within a limited liability partnership *

Canada - July 3 2012
Since June 21, 2012, architects in Quebec have been permitted by legislation to practice their profession within a joint stock company or a limited liability partnership (LLP), just as lawyers, notaries, accountants, physicians, dentists, pharmacists and other professionals can.

Canada’s Federal Court of Appeal rules on value of assumed obligations in asset sales *

Canada - January 3 2012
On September 23, 2011, the Federal Court of Appeal (FCA) rendered its decision in Daishowa-Marubeni International Ltd. v The Queen (2011 FCA 267). This decision will be of interest to parties in any asset sale where there is an assumption of contingent or future obligations.

Co-authors: Derek G. Chiasson.