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Searching Content indexed under Charges, Mortgages, Indemnities by Rotfleisch & Samulovitch P.C. ordered by Published Date Descending.
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CANADIAN TAX LAWYER DISCUSSION OF DEBT FORGIVENESS: How To Utilize Gains On Settlement Of Debt, Mortgage Foreclosure & Default Sales In A Tax Efficient Manner
Various commercial events will result in realization of income for the purposes of the Income Tax Act. Occurrences such as the settlement of a debt for less than full repayment creates an economic windfall for those receiving the debt relief.
Canada
14 Mar 2019
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