What are Shareholders, Officers and Directors and Should I be One?
There are several reasons why incorporation may be the right answer for your business, but once you have decided to incorporate, there are several more questions that arise. One of the most important questions…
What is “Decentralized Finance” and What are the Risks?
Decentralized Finance (DeFi) refers to any financial activity, from applying for a loan to trading stocks, which is built using decentralized ledger technology. This is the same technology upon which Bitcoin and other…
Capital Gains Surplus Stripping: Is It Worth It?
Over the last few years many professionals, including doctors, lawyers and small- to mid-sized business owners, have been taking advantage of a tax-efficient way of withdrawing cash from their corporations…
What Are Crypto/Digital Assets And How Can They Be Taxed?
Thinking about buying or selling digital, or “cryptographic” assets such as Bitcoin, Ethereum and other cryptocurrencies? Does your business already deal in digital assets? Regardless of whether you’re an investor or…
Blockchain Year in Review: The Late, but not great, 2018
As the sun sets on 2018, I hear echoes of what optimists have been saying about cryptocurrencies over the past several years, that they are to blockchain what email is to the internet: the first use…
Cryptocurrency regulation in Canada: Hurry up and…wait.
In Canada, as in other jurisdictions, the approach regulators are taking to the cryptocurrency environment has been highly criticized for being slow to adapt. As with any new and emerging technology there…
5 Reasons Why Your Corporation Needs a Shareholder Agreement
Starting a business can be risky, but when you have a dream, a plan and goals, optimism cuts through the anxiety that risk can bring. That optimism though also blinds people to the risks that may come if…
Crypto Law Update: Securities and AML Regulators Make a Statement!
Creating a successful cryptocurrency start-up is hard, time consuming work. Starting a business requires a business plan and market analysis to ensure that there is demand, organization, and cash flow. One thing…
Cryptocurrencies, Blockchain and ICOs: What to expect in the Second Half of 2018
We are now approaching the halfway mark of 2018 and, other than the developments that I predicted in my January article, not that much else has changed. The crypto markets continue to be vulnerable to a variety…