Symposium on Tax Avoidance after Canada Trustco and Mathew: Summary of Proceedings
Canadian Tax Journal, Vol. 53, No. 4, p. 1010, 2006
28 Pages Posted: 14 Jul 2008
On October 19, 2005, the Supreme Court of Canada released its much-anticipated decisions in The Queen v. Canada Trustco Mortgage Co. and Mathew v. The Queen, the first two cases from Canada's highest court addressing the general anti-avoidance rule (GAAR) in section 245 of the federal Income Tax Act. The Faculty of Law at the University of Toronto hosted a symposium on November 18, 2005, which brought together academics, practitioners, representatives of the Canada Revenue Agency, and Chief Justice Donald Bowman of the Tax Court of Canada to discuss the implications of the decisions. This article summarizes the formal presentations and comments of participants in the proceedings.
This article is reproduced with the permission of the Canadian Tax Foundation.
Keywords: anti-avoidance, GAAR, statutory interpretation, Supreme Court decisions, tax administration, tax avoidance
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