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Avoiding Probate In Ontario: Strategies To Minimize Estate Administration Tax
Friday, March 31, 2023Ian Spiegel, Abigail KorbinTax
Obtaining probate for a will is the legal process through which the executor named in a will asks the court to confirm the validity of the will and the authority of the named executor...
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The Underused Housing Tax and Reporting Requirements for Effected Owners
Thursday, March 30, 2023Ian SpiegelTax
The Underused Housing Tax (the "Act"), which came into effect on January 1, 2022, introduces an annual 1% tax on the value of vacant or underused residential property in Canada that is directly or indirectly owned by a non-resident, non-Canadian...
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Toronto's New Vacant Home Tax: A Brief Introduction
Friday, January 13, 2023Ian SpiegelTax
The City of Toronto has implemented a new annual tax on vacant residences, payable beginning in 2023...
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2022: Important Changes To Wills And Power Of Attorney Legislation
Tuesday, February 22, 2022Greg Farano, Lindsay Ann Histrop, Ian SpiegelTax
Significant changes have recently been made to the Succession Law Reform Act ("SLRA") and Substitute Decisions Act, 1992 ("SDA")...
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New Reporting Requirements For Trusts
Thursday, March 4, 2021Greg Farano, Lindsay Ann Histrop, Ian SpiegelTax
On July 27, 2018, the Department of Finance released draft legislation for new trust reporting requirements commencing in 2021, and following an announcement in the 2018 Federal Budget...
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