ARTICLES
What Businesses Need to Know About Shareholders’ Dissent Rights
It is an all too common scenario that the board of a corporation decides to made a fundamental change to a corporation, such as, for instance, selling its assets or amending its articles to add a new class of shares. The board struggles to convince the necessary threshold of shareholders to vote in favour of […]
How Shareholder Benefits Impact your Income Tax
Dean Blachford, Tax Litigation Lawyer Karen Cheung, Law Student A shareholder who receives a benefit from his or her corporation is required to report the value of the benefit as income. If that benefit is not reported, the Canada Revenue Agency (“CRA”) can reassess the shareholder for the value of that benefit under section 15(1) […]
Why Use a Shareholders’ Agreement?
Any company with more than one shareholder should give some thought to whether or not they should implement a unanimous shareholders’ agreement (a “USA”). USAs give shareholders the flexibility to set out exactly how a corporation will be structured, how decisions will be made and how disputes will be resolved, among many other things. Generally […]
The Different Ways Goods and Services Are Taxed in Canada and What It Means for Your Business
Dean Blachford, Tax Litigation Lawyer Valentine Gurfinkel, Student-at-law For tax purposes, goods and services bought and sold in Canada fall into three categories: Taxable supply, Exempt supply and Zero-rated supply. The type of supply a business sells profoundly affects its tax liabilities and benefits. Too many businesses run into trouble with the Canada Revenue Agency […]
Who Can Be Held Liable for a Corporation’s Mistakes and What Can You Do About It?
One of the main reasons that people incorporate their businesses is to shield themselves (and their partners and investors) from personal liability. And although the corporate structure does allow businesses owners to avoid liability in most circumstances, there are ways in which people within the corporation can be held personally liable when they do not […]
Demonstrating Due Diligence
Dean Blachford, Tax Litigation Lawyer Karen Cheung, Law Student Canada’s tax laws allow the CRA to hold directors personally liable for their corporation’s source deductions, non-resident withholdings and GST/HST debts. This is known as “directors’ liability”. But directors may be able to shield themselves from this personal liability using the “due diligence defence”. This article […]
NEWS
Hugues Boisvert Presents to a Large Group of Retiring Federal Government Employees on Estate Planning
Hugues Boisvert, Founder & CEO of HazloLaw – Business Lawyers and head of its business law group, was the instructor of a estate planning course directed to retiring federal government employees. The course took place in Ottawa on February 05, 2019 and addressed relevant aspects related to the drafting of wills, power of attorney and […]
Hugues Boisvert Presents to a Large Group of Retiring Federal Government Employees on Estate Planning
Hugues Boisvert, Founder & CEO of HazloLaw – Business Lawyers and head of its business law group, was the instructor of a estate planning course directed to retiring federal government employees. The course took place in Ottawa on February 05, 2019 and addressed relevant aspects related to the drafting of wills, power of attorney and […]
Martin Aquilina Attends the 33nd ILFA E-Iure Convention in Peru
Martin Aquilina, partner and head of HazloLaw – Business Lawyers’ International law department is in Lima, Peru, attending the 33nd ILFA E-Iure Convention that takes place between January 31 and February 2, 2019. The E-Iure comprises a network of law firms from all over the world. Meant to be a link between Europe and Latin […]
Dean Blachford Presented on Tax Issues at the Royal LePage’s 2019 Kick-Off Seminar in Kitchener
This week, Dean Blachford, head of HazloLaw – Business Lawyers’ Tax Litigation department was in the Kitchener/Waterloo area presenting on tax issues related to real estate agents to the Royal LePage team at their 2019 Kick-Off Seminar. You can read Dean’s article on property flipping issues by clicking here. Follow HazloLaw on Twitter and LinkedIn to […]
HazloLaw – Business Lawyers Sponsors Ottawa’s First Outdoor Christmas Market
[ENG] Ottawa’s first outdoor Christmas market opening took place on December 5th, 2018 in the Clarendon Court in the Byward Market. Hosted by Alpha Art Gallery owner Edith Betkowsi-Sokolowski and sponsored in part by Hazlolaw Business-Lawyers, Martin Aquilina, COO of the firm and International Lawyer, attended the Grand Opening Ribbon Cutting Ceremony in which the Mayor […]
Martin Aquilina and the HazloLaw – Business Lawyers Team Filed its First Prospectus!
HazloLaw – Business Lawyers filed its first prospectus this week in connection with the initial public offering of 5,000,000 common shares of NBS Capital Inc. The offering is expected to close in the next 90 days. Martin Aquilina and his team acted as advisors to the issuer.