Milot Law continues to file appeals on behalf of participants in the Universal Barter Group for the 2007 and 2008 taxation years. The issue is whether or not the entire charitable donation made under that program to registered charities has been correctly denied by the Canada Revenue Agency.
We have recently been contacted by the Department of Justice and will be making representations to the Tax Court of Canada about the conduct of the matter.
Milot Law is focusing its current efforts on the tax opinion previously provided in respect of the structure and effect of the donation program. Further, the valuation of the TradeBUX undertaken by third party experts will be carefully reviewed and analyzed given that the CRA has made valuation an issue.
If you are interested in joining the Milot Law UBG Tax Appeal Group, please contact us at 416-601-1002 or by email at dmilot@milotlaw.ca
Milot Law are Canadian Tax Lawyers, in Toronto, which specialize in Canadian Tax Law disputes with the Canada Revenue Agency and the Department of Justice.
