Newsletters and Articles

Newsletters and Articles

 
 

Minor Breaches of Settlement Agreements at the CAT

Even when there is a breach of the settlement agreement, parties should try and resolve it between themselves if possible and should think carefully about whether the matter is worthy of legal proceedings. If they do not try to resolve it, the CAT could find that the breach was minor or de minimis, refuse to make any correcting orders and order no costs or penalties – resulting in wasted time and effort for all parties involved.

Read More
Shibley RightonComment
Underused Housing Tax (UHT) – CRA Waives Penalties and Interest

The Canada Revenue Agency has recently announced that, in recognition of the challenges in implementing the UHT in its first year, penalties and interest on the 2022 calendar year UHT filing will be waived, provided the return is filed or the UHT is paid by October 31, 2023. While this is not technically an extension of the time to file the return and pay the UHT (it is still due April 30, 2023), no penalties or interest will be applied for UHT returns and payments that the CRA receives before November 1, 2023.

Read More
Shibley RightonComment