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Canada: Straddle Transactions deductible even when deliberate Attempt to create Tax Losses

www.thor.ca/blog/2021/02/tax-court-reaffirms-legitimacy-of-straddle-transactions-and-source-of-income-test/www.canlii.org/en/ca/tcc/doc/2021/2021tcc11/2021tcc11.html?resultIndex=1 See also:www.thor.ca/blog/2022/06/paletta-estate-federal-court-of-appeal-overturns-tax-court-on-source-of-income-test/www.canlii.org/en/ca/fca/doc/2022/2022fca86/2022fca86.html?autocompleteStr=2022%20fca%2086&autocompletePos=1www.millerthomson.com/en/publications/communiques-and-updates/tax-notes/august-17-2022/interest-deductibility-fundamentals-canada/ 0
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US: Senator Sanders introduces “99.5% Act” increasing Estate Taxes

corporateblog.mmwr.com/2021/03/26/senator-sanders-introduces-99-5-act-which-would-increase-estate-taxes-and-overhaul-estate-planning/#page=1www.taftlaw.com/news-events/law-bulletins/proposed-sanders-tax-bill-would-dramatically-affect-estate-tax-planningwww.jdsupra.com/legalnews/for-the-99-5-act-is-change-a-coming-for-5126741/www.jdsupra.com/legalnews/u-s-senate-introduces-legislation-for-8024526/www.venable.com/insights/publications/2021/04/no-time-to-stop-and-smell-the-flowers-howwww.milbank.com/images/content/1/5/v8/151730/Trusts-Estates-Client-Alert-April-2021.pdfwww.shearman.com/Perspectives/2021/04/Estate-Planning-Advisory-For-the-99-5-Percent-Actwww.venable.com/insights/publications/2021/04/no-time-to-stop-and-smell-the-flowers-howwww.greenbaumlaw.com/insights-alerts-Proposed-Act-Significant-Changes-Federal-Estate-Gift-Trust-Tax-Rules.htmlbtlaw.com/en/insights/alerts/2021/unprecedented-changes-proposed-to-gift-and-estate-tax-laws 0
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