Tax Perspectives

Please note that these publications may not be up-to-date as taxation matters are subject to frequent changes.

PDF Format All Issues Spring 2002 Volume 1, Number 3 The information in Tax Perspectives is prepared for general interest only. Every effort has been made to ensure that the contents are accurate. However, professional advice should always be obtained before acting on the information herein. Introduction By Michael Cadesky, FCA, TEP Cadesky and Associates LLP (Toronto) With this edition of Tax Perspectives, we welcome three new TSG members. Lewis & Company will represent the group in Vancouver and Allan Cruikshank will serve as our representative in Montreal. Steven Peters, who writes in this newsletter about... Making Your Mortgage Tax-Deductible By Kim Moody, CA, TEP Moodys LLP Tax Advisors (Calgary) On September 28, 2001, the Supreme Court of Canada released its long-awaited decisions in Ludco (2001 SCC 62) and Singleton (2001 SCC 61). Both cases involved the question of whether interest payments were tax-deductible. For interest to... US Tax Filings By Robert Sommer, CPA Brock, Schechter & Polakoff, LLP (Buffalo, New York) For a variety of reasons, many Canadians have a keen interest in US tax matters. But keeping track of US tax filing requirements is not an easy matter. This article briefly summarizes the more commonly encountered tax filings, when and why they are... Profile: Dora Mariani, CA, CFP Dora Mariani, CA, CFP, is a tax manager with the TSG member firm Cadesky and Associates in Toronto. She practises in Canadian and international tax matters, with a Profile: Fred Richardson, CGA Fred Richardson, CGA, is a tax specialist with the TSG member firm of Moody Shikaze Boulet LLP in Calgary. Fred's diverse background in public practice, industry, and three years with CCRA gives him a unique perspective on income tax issues. Fred has... Provincial R & D Incentives The provinces have never managed to agree on a standard R & D incentive. The only thing they seem to agree on is that, if the neighbouring province has an incentive policy, they need one as well. But like other things Canadian, there are... Nova Scotia Unlimited Liability Companies By Steven Peters, CA, CPA, TEP Steven Peters Limited (Halifax) It is often said that tax is the world of the strange and bizarre. But who would have thought that the failure of Nova Scotia to modernize its corporate legislation would create a US taxplanning opportunity? Nova Scotia is the only province to contain a... In Brief — News of Important Tax Developments By Howard L. Wasserman, CA, CFP, TEP Cadesky and Associates LLP (Toronto) Foreign trusts are still foreignOn December 17, 2001, the Department of Finance issued a news release in which it announced a one-year delay in the effective date of all proposals affecting nonresident trusts and foreign investment...