Resources

Income Tax Resources

Duke of Westminister – Decision of House of Lords

“Every man is entitled, if he can, to order his affairs so that the tax attaching under the appropriate Acts is less than it otherwise would be. If he succeeds in ordering them so as to secure this result, then, however unappreciative the Commissioners of Inland Revenue or his fellow taxpayers may be of his ingenuity, he cannot be compelled to pay an increased tax.”

Inland Revenue Commissioners v. Duke of Westminster [1936] A.C. 1;  cited by Supreme Court of Canada in Canada Trustco Mortgage Co. v Canada.

Canada Trustco – Decision of Supreme Court of Canada

Leading case in Canada on the application of GAAR: [2005] SCJ No. 56.

See http://www.lexisnexis.ca/documents/2005scc054.pdf

Avoiding tax is okay, but know the boundaries

Tax-based Finance in Canada: Opportunities to Consider

Article by Vern Kakoschke, Canadian Treasurer

Tax-based_finance.pdf

Tax-based Finance Clarified

Article by Vern Kakoschke and Michael Templeton, Canadian Treasurer

Tax-based_finance_clarified.pdf

Procurement Resources

Financing Capital Assets: The Missing Link in Defence Procurement

Article by Vern Kakoschke, Canadian Global Affairs Institute publication (February 2020)

CGAI__Publication_Financing_Capital_Assets_in_a_Defence_Procurement_February_2020.pdf

Financing Defence Procurement in Canada: Where is the Oversight?

Article by Vern Kakoschke and Marcia Mills, Canadian Global Affairs Institute publication (December 2020)

Financing_Defence_Procurement_in_Canada_Where_is_the_Oversight.pdf