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The author talks about post-divorce modifications.
In Ontario, Canada an adverse inference may be drawn if the trustee/ power of attorney/ executor fails to retain receipts supporting substantial cash withdrawals or expenses and be held personally liable for the unsubstantiated withdrawals
A chain collision is a type of motor vehicle accident wherein two or more vehicles crash against each other which may also affect other vehicles travelling on the same road.
The author addresses the fears of filing for Bankruptcy.
The author discusses how to stop wage garnishments.
The Ontario attempt to harmonize its provincial sales tax regime with the federal GST has the charity sector struggling to understand the impact these sweeping changes will have on the various types of charities within the sector.
The Cape Town Convention is an international agreement that strives to provide a much clearer structure for international aviation finance. The Cape Town Convention augments the Chicago convention which was the primary source of regulation to governing the registration of airframes, aircraft, and helicopters. The Chicago convention only provided a very loose framework of international law regarding the nationality of aircraft.
This year may be particularly beneficial for individuals in the latter category because of the unique opportunity afforded donors in the Conservative government's tax changes announced in the May 2006 budget. The most prominent of the changes allowed for the donation of shares in public companies to public charities (i.e. all but private foundations) on a tax free basis.
After the 2006 Budget, many observers expected that the elimination of tax on the donation of publicly listed securities to "public" charities would be extended to private foundations, and, indeed, Budget 2007 lived up to this prediction.
Overseas operation is fundamental to the operation of many charities, especially religious charities, and so it is important for these charities to have a good understanding of the law regarding carrying out charitable activities overseas. Given that the government subsidizes registered charities to the extent that it gives tax credits for the amount donated, it should not be surprising that the CRA attempts to exert as much control over funds spent overseas as funds spent domestically.