Have you ever wondered why the dividend gross-up rates are what they are? Allow me to do some basic high school math to show you. Integration and its Purpose Understanding the math requires an appreciation of the purpose of dividend income “integration.” The purpose of integrating dividend income (disregarding capital dividends) is to […]
Daily Archives: September 16, 2020
Case Summary: R. v. Schouw (2020 BCCA 232)
On August 7, 2020, the British Columbia Court of Appeal (the “Court”) upheld a lower court decision that convicted a real estate designer and developer for willfully evading Goods and Sales Tax (“GST”). The case addresses “deliberation” of a taxpayer in tax matters such that, in a case like this, it may be concluded […]