Canada: Employment Income Not Substantively Connected To A Reserve Is Taxable

In Baldwin et al v the Queen, 2014 TCC 284, the Tax Court of Canada had an opportunity to consider section 87 of theIndian Act and when employment income is “situated on a reserve” for tax purposes.
Facts
Each of the five Appellants was employed by Native Leasing Services (NLS). NLS is owned and operated by a status Indian who resides on a reserve. NLS provides employment placement services to not-for-profit Aboriginal organizations, and offers support […]

By |November 28th, 2014|

UK: Flexible Pensions Are the changes radical enough to get entrepreneurs saving again?

With effect from April next year, pension savers will no longer be obliged to use their funds to provide an income for life. Luke Brooks examines the new rules.

The Government currently encourages individuals to make pension savings through a number of measures, most notably the ability to claim income tax relief on personal contributions and corporation tax relief on company contributions. Other advantages include an exemption from tax on income and capital gains generated […]

By |November 28th, 2014|

Canada: Employment Income Not Substantively Connected To A Reserve Is Taxable

In Baldwin et al v the Queen, 2014 TCC 284, the Tax Court of Canada had an opportunity to consider section 87 of theIndian Act and when employment income is “situated on a reserve” for tax purposes.
Facts
Each of the five Appellants was employed by Native Leasing Services (NLS). NLS is owned and operated by a status Indian who resides on a reserve. NLS provides employment placement services to not-for-profit Aboriginal organizations, and offers support […]

By |November 28th, 2014|