Withholding tax required for non-resident defendants
Please click this link for full text of the recent decision of the B.C. Superme Court in Mao v. Liu(2017 BCSC 226) This case confirmed that a Purchaser of property from a Court Ordered sale has liability for withholding 25% of sales proceeds pending clearance from Revenue Canada where a Defendant is a non-Canadian resident.
Supreme Court of Canada on implied consent for information statements
Please see this link for the most recent decision from the Supreme Court of Canada on implied consent and the ability to provide information statements under PIPEDA. I will speak to this decision as it relates to Alberta only.
Appeal Court protects equity for subsequent encumbrancers
In a decision from last fall, the Alberta Court of Appeal upheld a judge’s order that preferred a sale of a property in foreclosure over transferring title to the highest priority lender, where that sale generated surplus funds for other creditors.