The Tax Principles of Family Law for 2023 is the 30th edition of the publication. Our team has been preparing this guide annually to assist family law lawyers across Canada in their daily practice.
Income tax laws can be extremely complex; in particular, those related to separation and divorce are often not readily understood. The Tax Principles of Family Law annual publication seeks to set out and explain the tax complexities of separation and divorce in an easy-to-read format. While not a substitute for the Income Tax Act, R.S.C. 1985 (5th Supp.) as amended, or consultation with a specialist, The Tax Principles of Family Law is meant to provide a practical and simple guide focusing on fundamental issues and practical solutions.
The Tax Principles of Family Law covers the tax implications of a range of topics, including:
- Support payments
- Lump sum amounts
- Non-resident spouses
- Transfers of property
- Income attribution
- Corporate tax issues
- Personal tax credits and deductions
If you have questions or would like to discuss specific business valuation, income tax or any other financial aspect of a family law matter, please contact any of the members of our firm.
We also welcome any suggestions for topics you would like to have included in future issues.
Please email firstname.lastname@example.org to receive your copy of the most recent edition of The Tax Principles of Family Law.