Michael Friedman
McMillan LLP
Articles
Oral Agreements Worth More Than the Paper They’re Written On
Canada - October 4 2021 The Federal Court recently ruled that taxpayers may be required to disclose descriptions of records that should have been kept by the taxpayer…
Budget 2021: Government Targets Hybrid Mismatch Arrangements
Canada - April 23 2021 On April 19, 2021, the Federal Minister of Finance, Chrystia Freeland, presented the Liberal government's first Budget in over two years. One of the…
Budget 2021: Extension of Wage & Rent Subsidies
Canada - April 23 2021 On April 19, 2021, the Federal Budget was tabled by Finance Minister Chrystia Freeland. Budget 2021 proposes the extension of both the Canada…
Budget 2021: CRA to be Granted the Authority to Compel Oral Responses
Canada - April 23 2021 Budget 2021 proposes to grant the Canada Revenue Agency (the "CRA") the authority to demand oral responses in the course of an audit. The proposed…
Budget 2021: “Registered Investment” Taxation Rules Relaxed
Canada - April 23 2021 Budget 2021 announced legislative changes that will provide welcome relief to trusts and corporations that are "registered investments" for the…
