This post reviews the Ontario “Non-Resident Speculation Tax” (“NRST”), and draws attention to an important possible effect to be aware of on land conveyances involving trusts in the province. This post is a refresher and update to Corina Weigl’s post in June, 2017, which was posted shortly after the proposal…
Ontario’s Non-Resident Speculation Tax – A Cautionary (Trust) Tale
By Maureen BerrycloseAuthor: Maureen Berry
Name: Maureen Berry
Email: mberry@fasken.com
Site: https://www.fasken.com/en/maureen-berry#sort=%40fclosedate79734%20descending
About: Maureen Berry is a partner in the Trusts, Wills, Estates and Charities group at Fasken. Maureen’s practice is focused on wills, estate planning, domestic and international trusts, private corporation taxation, and executive compensation. Maureen also advises charities and non-profit organizations. Working with Canadian and international families, firms, corporations and charitable organizations, she provides advice on all aspects of private client matters. She is a leading expert in the fields of tax law and estate planning. As an Adjunct Professor at Osgoode Hall Law School, she teaches Advanced Estate Planning. Maureen has previously taught corporate tax and international tax at the University of Toronto and Western University, along with the Bar Admission course for up-and-coming lawyers.See Authors Posts (41) • June 28, 2019 • 0 Comments
Email: mberry@fasken.com
Site: https://www.fasken.com/en/maureen-berry#sort=%40fclosedate79734%20descending
About: Maureen Berry is a partner in the Trusts, Wills, Estates and Charities group at Fasken. Maureen’s practice is focused on wills, estate planning, domestic and international trusts, private corporation taxation, and executive compensation. Maureen also advises charities and non-profit organizations. Working with Canadian and international families, firms, corporations and charitable organizations, she provides advice on all aspects of private client matters. She is a leading expert in the fields of tax law and estate planning. As an Adjunct Professor at Osgoode Hall Law School, she teaches Advanced Estate Planning. Maureen has previously taught corporate tax and international tax at the University of Toronto and Western University, along with the Bar Admission course for up-and-coming lawyers.See Authors Posts (41) • June 28, 2019 • 0 Comments