UMMAT TAX LAW - Tax Lawyers

Supreme Court of Canada Rules on Derivatives & Forward Contracts https://ummattaxlaw.ca/2020/10/05/supreme-court-of-canada-decision/

There are three conditions for the application of the general anti-avoidance rule (GAAR):

1. There must be a tax benefit
2. There must be an avoidance transaction leading to the benefit.
3. There must have been misuse or abuse of the Act.

https://ummattaxlaw.ca/2020/09/21/gaar-loss-streaming-de-facto-control/

Call a Certified Specialist in Taxation Law for your tax litigation needs. (905) 336-8924.