Jan. 31, 2025 - First published by the Canadian Tax Foundation in (2024) 72:4 Canadian Tax Journal. Treaty Provides Unique Benefits To Canadians Migrating To The United States Canadians who emigrate to the United States or elsewhere face many decisions and considerations...
Announcement
Davies Featured in Bloomberg Tax on U.S. Corporate Alternative Minimum Tax
An article co-authored by Jennifer Lee, Zachary Kling, Jonathan Rhein, Zaira Cortes Rivero and Peter Glicklich is published in Bloomberg Tax. The article, focused on the U.S. Corporate Alternative Minimum Tax (CAMT), warns that the application of certain aggregation rules as described in recent IRS guidance may subject more corporations to the tax and CAMT-related compliance.
Related
Federal Court of Appeal Confirms CRA Can Collect Arrears Interest Despite Absence of a Tax Debt
Dec. 04, 2024 - The Federal Court of Appeal (FCA) recently dismissed the Bank of Nova Scotia’s (BNS) appeal and upheld the Canada Revenue Agency’s (CRA) practice of charging arrears interest on a non-existent tax debt where audit adjustments increase taxable income that is offset by the carryback of a loss...
