The latest in tax law

Tax Notes

Tax Court of Canada Establishes Fast-Track Settlement Conferences

July 24, 2020

On July 21, 2020 the Tax Court of Canada (“TCC”) issued Practice Note 24, which establishes a new procedure for Fast-Track Settlement Conferences. This new streamlined settlement conference procedure was first announced by Chief Justice Rossiter in a June 25, 2020 video conference as an option for parties to a TCC appeal to conduct a settlement conference outside the court’s normal processes.

Tax Notes

Government Proposes Significant CEWS Amendments

July 18, 2020

On July 17, 2020, the Minister of Finance proposed amendments to the CEWS legislation (“Proposed Amendments”) that include an extension of the Canada Emergency Wage Subsidy to December 19, 2020, with details concerning the application of CEWS for qualifying periods from June 7, 2020 to November 21, 2020, as well as other amendments intended to correct technical issues identified by practitioners and other stakeholders.

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