Holland & Knight LLP’s Post

CRA is shifting its focus towards businesses owned by couples, highlighting the issuance of dividends to husband and wife as a key area of interest. Staying compliant is crucial. How can you ensure that CRA's scrutiny doesn't affect your operations? #Compliance #Taxation #CRA

📈 When applying the group contribution regime while dividends are distributed to a loss-making company, it is important to analyse the impact on the DRD and take mitigating actions and/or protect taxpayers’ rights. ⚖️ In this regard the Liege Court of First Instance has recently referred two preliminary questions to the European Court of Justice. 🔍 Dive into the article below, where our tax lawyers Patrice Delacroix, Véronique De Brabanter, Gauthier Vael, and Louis Kemseke share their valuable insights. #PwCLegal #TaxLaw #GroupContribution #DRD #TaxCompliance #ECJ

Legal settlements and fees come with complex tax implications that can significantly impact your financial outcome. 💼💰 Understanding the taxation of settlements, punitive damages, and legal fees is crucial for minimizing your tax burden. Learn the key considerations and strategies for structuring settlements to your advantage. #TaxPlanning #LegalSettlements #TaxStrategy #FLSV

In the February private client review for Tax Journal, partner Edward Reed and senior knowledge lawyer Clare Wilson look at a number of recent private client developments, including: - the importance of evidence in the context of PPR relief claims; - the importance of checking the requirements of entrepreneurs’ relief carefully and in good time; - the circumstances in which another person’s behaviour can be attributed to the taxpayer; and - the tension between privacy, open justice and transparency. Find out more: https://ow.ly/PcgV50QF0Fp (paywalled). #Tax #PrivateClient

Don't let notices catch you off guard! Act now, and let Law Guider be your guide to a seamless, compliant, and successful tax journey. Late filings can impact your financial standing. Law Guider shields your business from unnecessary financial burdens. www.lawguider.com [email protected] Or Call us at 0300-0322586 #Lawguider #tax #legalmatters #TaxRegistration #ComplianceMatters #ActNow #LawGuiderExpertise #TaxTriumph

The TaxProf: Clarke: What Issues Are Fair Game In Moore v. United States?: Conor Clarke (Washington University; Google Scholar), What Issues Are Fair Game in Moore v. United States?, 40 Yale J. on Reg.: Notice & Comment (Dec. 16, 2023): On December 5th, the Supreme Court heard oral argument in Moore v. United States, a constitutional challenge to the mandatory repatriation tax (“MRT”)... http://dlvr.it/T0jR7j @SoCalTaxProf #Tax #Policy #Law

The TaxProf: Clarke: What Issues Are Fair Game In Moore v. United States?: Conor Clarke (Washington University; Google Scholar), What Issues Are Fair Game in Moore v. United States?, 40 Yale J. on Reg.: Notice & Comment (Dec. 16, 2023): On December 5th, the Supreme Court heard oral argument in Moore v. United States, a constitutional challenge to the mandatory repatriation tax (“MRT”)... http://dlvr.it/T0jR8H @SoCalTaxProf #Tax #Policy #Law

The TaxProf: Clarke: What Issues Are Fair Game In Moore v. United States?: Conor Clarke (Washington University; Google Scholar), What Issues Are Fair Game in Moore v. United States?, 40 Yale J. on Reg.: Notice & Comment (Dec. 16, 2023): On December 5th, the Supreme Court heard oral argument in Moore v. United States, a constitutional challenge to the mandatory repatriation tax (“MRT”)... http://dlvr.it/T0jR8M @SoCalTaxProf #Tax #Policy #Law

Dive into the world of private equity! Learn about the top tax notices that can send shivers down the spines of professionals in the industry. From navigating carried interest taxation to avoiding unclaimed property notices, we've got you covered. Stay ahead of the game and minimize the risk of costly penalties with our expert insights. #PrivateEquity #TaxNotices #StayCompliant https://hubs.la/Q02zQCG30

Laws related to Estate Planning and taxes can change, requiring plans to be reviewed and possibly revised to remain effective and efficient. With the recent law updates, the longer a Trust can remain in place, the longer it can provide a tax shield for the assets within it. . . . #EstateStrategy #LegalUpdates #ProtectYourLegacy