Offshore Structuring: What do I need to know?
In recent years there have been many regulatory and legislative changes related to the rules pertaining to setting up your business offshore. Although there are many reasons, other than tax efficiency, which exist for establishing a presence offshore, such as owning or holding investment or rental properties
When is it right to consider Cross Border (USA) and Offshore structuring?
Offshore structuring has a bad rap. In recent years, exposés, investigative journalists and various documentaries and movies sensationalized how billionaires and big corporations stashed money abroad in hidden bank accounts to avoid taxes, which has drawn the ire of the public and the scrutiny of regulators.
Grinhaus law firm becomes first Canadian Law Firm in the Metaverse with virtual office in Decentraland
Grinhaus Law Firm, a boutique business, estates and tax law firm, as well as a leading firm in Blockchain advisory located in Toronto, Canada, has become the first Canadian law firm, and one of only a handful world-wide, to establish itself in the Metaverse
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…
Tools to Minimize Taxes in Estate Planning: Why Using a Will is not Always the Best Option
There are many tools that can be used to minimize the MANY taxes that can impact how much your beneficiaries actually get after your death. For example, Joint Tenancy on Real Property is often used as an estate…
The Lay-offs are Coming! How to Deal with Dismissal or Termination in a Recession
Canada has experienced incredible economic growth over the last decade. That growth may now be coming to a slowdown, and if some of the major bank analysts and economists are right, Canada is heading into…