Archive for the ‘Uncategorized’ Category

2018 – Firm secures Judgment reducing assessment from $102,832 to zero; allowing additional $178,758 in expenses and deleting all penalties

2018 – Firm litigator Hashim Syed secures Judgment on behalf of client corporation.  Assessed unreported sales reduced from $102,832.00 to zero.  Previously denied purchase expenses of $67,620.00 allowed.  Denial of other business expenses totaling $111,138.00 overturned and allowed in full.  Capital cost allowance claim allowed.  All penalties deleted.  See: Judgment re. FG -[REDACTED] dated June 26.18

2018 – FIRM SECURES JUDGMENT REDUCING ASSESSMENTS FROM $268,400.00 TO ZERO AND DELETING ALL PENALTIES

2018 – Lawyer Hashim Syed secures Judgment eliminating assessed shareholder benefits and reducing combined assessments from $268,400.00 to zero!  All penalties deleted.  See F.A. v. Her Majesty the Queen, 2016-115(IT)G

COURT AWARDS $1,350,000.00 IN PUNITIVE AND AGGRAVATED DAMAGES AGAINST THE CRA

2018 – The Supreme Court of British Columbia awards $1,350,000.00 in punitive and aggravated damages against the Canada Revenue Agency for “high-handed, reprehensible and malicious” conduct, in addition to special damages of $347,731.74.  The Honourable Mr. Justice Punnett concludes that “The conduct was highly blameworthy as it engaged core values in our society and the checks and balances that exist when invoking the power of the State against the individual”.  See: Samaroo v. Canada Revenue Agency, 2018 BCSC 324.

FIRM SECURES ORDER WITHDRAWING ALL TAX EVASION CHARGES AND REQUIRING RETURN OF SEIZED PROPERTY

Firm litigator Yan David Payne secures withdrawal of all (20) Income Tax Act charges against accountant.  Crown also consents to return of all items seized under warrant.  See attached Ontario Court of Justice Order: Order Withdrawing All Charges and For Return of All Items Seized – September 19, 2017

JUDGMENT VACATING REASSESSMENT REVERSES $1,629,089.00 IN ALLEGED UNREPORTED INCOME

Yan David Payne secures Judgment reversing re-assessments amounting to $1,629,089.00 in alleged unreported income.  All associated penalties and interest vacated.  Department of Justice consents to the Judgment.  See Tax Court Judgement – KK v. HMQ – Aug.12.16

FIRM OBTAINS TAX COURT JUDGEMENT REVERSING $546,000.00 TAX ASSESSMENT

Canada Revenue Agency (represented by the Department of Justice) consents to Tax Court Judgement reversing $546,000.00 tax assessment in HST collection dispute avoiding need for formal hearing.  See formal  Judgement – February 2016.

COURT ALLOWS $12M LAWSUIT TO PROCEED AGAINST FORMER LAWYER AND ACCOUNTANTS

Lawyers Yan David Payne and Hashim Syed take over file from Bay Street firm and lead charge in 3-day court motion culminating in full victory against senior members of Ontario bar appointed by professional liability insurers.  Superior Court rejects attempt by Client’s former lawyer and former accountants to derail $12 Million negligence lawsuit.  Bahl v. Cadesky and Associates and Barry Seltzer, Court Docket Number: 04-CV-272445 CM2, Motion Docket Number: 2013 ONSC 1337

FIRM SECURES $3.8 MILLION JUDGEMENT PLUS COSTS AGAINST CANADA REVENUE AGENCY

Judgement worth $3.8 Million+ against Canada Revenue Agency in dispute involving wage classification and highly disputed facts.  Lawyer Yan David Payne also obtains substantial cost reimbursement for firm client.  Osinski v. Her Majesty the Queen, Court Docket Number 2010-3246(I)G.  CRA credits $3,834,543.62 back: Osinski Notice of Reassessment 2013