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Blogs tagged with GLGI tax ruling

GLGI Tax Ruling – What This Means to You

Two weeks ago, the first GLGI test case was decided in court, and the decision has been cited as a devastating loss for GLGI clients. In the case of Mariano v. Her Majesty the Queen, Justice F.J. Pizzitelli found that participants did not ‘have the intent to donate’ and thus…


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