The only surprising thing about the recent Supreme Court of Canada (“SCC”) decision in Quebec (Revenue) v Caisse Populaire Desjardins de Montmagny, [2009] 3 SCR 286 [CP Desjardins de Montmagny] is that...
Offshore trusts have become an essential element of successful tax planning. Trusts are used as tax planning vehicles as they are considered a separate legal entity from the individual. Thus,...
Offshore trusts are major tax-planning and estate-planning tools which can be used to protect assets from taxation and to defer accrued capital gains for a long term. For all such...
Earlier this year, the Supreme Court of Canada (“SCC”) concurrently released judgments in Madsen Estate v Saylor, 2007 SCC 18 [Madsen Estate], and Pecore v Pecore, 2007 SCC 17 [Pecore], a pair of cases regarding the...
