Tag: Corporate Law

Section 160 of the Income Tax Act prevents a taxpayer from avoiding tax by transferring property to non-arm’s length entities. At Balance Law, we help clients understand their obligations and respond effectively to CRA assessments under this provision.

Individuals departing from Canada must consider several tax rules that apply upon exit — including the deemed disposition of property, the proposed capital gains tax regime, and the alternative minimum tax. Balance Law advises clients on all departure tax matters.