TaxBreaks

TaxBreaks


Latest Episodes

Episode 025 – Residential Property Flipping Proposal
October 12, 2022

In this latest podcast episode, Kenneth Keung and Kim G C Moody describe the April 7, 2022, Canadian Federal Budget proposal that will introduce a new Residential Property Flipping income tax rule.

Episode 024 – The New Canadian Trust Reporting Rules
August 12, 2022

The 2018 Canadian Federal Budget introduced proposals that will require certain trusts to disclose significant information about the trust. Later in 2018, draft legislation was introduced to implement

Episode 023 – Personal Use Assets Owned by a Corporation
July 25, 2022

As a follow up to their last podcast on the Jackman court case, Kenneth Keung and Kim G C Moody chat about the dangers of owning personal-use assets inside a corporate vehicle.

Episode 022 – Are Pleasurable Marketing Activities a Taxable Benefit
July 14, 2022

In this podcast, Kenneth Keung and Kim G C Moody review a recent Tax Court of Canada decision - Bruce Jackman / Nancy Jackman v. HMQ 2022 TCC 73. This case is a rather entertaining case (at least for

Episode 021 – The Saga of Bill C-208 Continues
July 20, 2021

Our firms July 5, 2021 podcast described the saga of Bill C-208 (a Canadian private members bill that provides for inter-generational transfers of certain shares of Canadian-controlled private corpor

Episode 020 – Bill C-208 and Inter-generational Transfers
July 05, 2021

On June 29, 2021, Bill C-208 received Royal Assent. The passing of this private member’s bill was a bit surprising given the rarity of such bills passing. The bill enables inter-generational transfers

Episode 020 – Bill C-208 and Inter-generational Transfers
July 05, 2021

On June 29, 2021, Bill C-208 received Royal Assent. The passing of this private members bill was a bit surprising given the rarity of such bills passing. The bill enables inter-generational transfers

Episode 019 – You Mean Preferred Shares Have to Be Treated as a Liability on my Company’s Balance Sheet?
June 08, 2021

On this episode of the podcast, Kenneth Keung and Kim G C Moody go in-depth on a topic they touched on previously in a blog post titled "Tax Planning Arrangement When Tax Treatment Collides with Acc

Episode 019 – You Mean Preferred Shares Have to be Treated as a Liability on My Company’s Balance Sheet?
June 08, 2021

Kim G C Moody and Kenneth Keung discuss changes to preferred shares and how they should be treated for accounting purposes. This relates back a March 29th blog post.

Episode 018 – Prescribed Rate Loans
December 22, 2020

Kim G C Moody and Kenneth Keung wrap up the 2020 year with a discussion about prescribed rate loans.