Close X
Saturday, November 30, 2024
ADVT 
National

Conrad Black loses appeal on federal court ruling on taxes from 2002

Darpan News Desk The Canadian Press, 10 Dec, 2014 11:57 AM

    TORONTO — Conrad Black has lost his appeal to overturn a federal Tax Court decision that says he owes back taxes from 2002.

    The Federal Court of Appeal says, despite his arguments otherwise, Black was a Canadian resident at the time and that means he owes money to the Canada Revenue Agency.

    The court also said Black should pay taxes on all income earned outside the United Kingdom, not just his Canadian income.

    The decision follows an appeal filed earlier this year by Black's lawyers who argued the former media baron was, for tax purposes, a resident of the United Kingdom in 2002.

    In a decision last month, the appeal court dismissed the case and said Black would be responsible for related costs.

    The courts did not disclose how much Black may owe in back taxes, though the government has estimated the amount of income and benefits Black owes taxes on may be as high as $5.1 million.

    Black has battled with Canadian authorities over a number of issues since his release from a U.S. prison in 2012.

    Still outstanding is an Ontario Securities Commission case seeking to ban Black from ever serving as a director or officer of a public company in the province.

    In the United States, Black served 37 months for convictions on fraud and obstruction of justice relating to his time as the head of media giant Hollinger. An appeal court tossed out two other fraud convictions against him and against two other Hollinger executives.

    MORE National ARTICLES

    Is 2015 the year the Bank of Canada finally raises its key interest rates?

    Is 2015 the year the Bank of Canada finally raises its key interest rates?
    OTTAWA — After 18 months on the job, Bank of Canada governor Stephen Poloz has yet to wield the primary tool at his disposal: the key interest rate.

    Is 2015 the year the Bank of Canada finally raises its key interest rates?

    Today on the Hill: Man accused of impersonating soldier due in court

    Today on the Hill: Man accused of impersonating soldier due in court
    OTTAWA — The man accused of impersonating a soldier at the National War Memorial on Remembrance Day is due in court today.

    Today on the Hill: Man accused of impersonating soldier due in court

    Canada only half way to 2020 emissions goal as oil and gas emissions rise

    Canada only half way to 2020 emissions goal as oil and gas emissions rise
    OTTAWA — Canada remains well short of meeting its international 2020 climate change commitment, Environment Canada reported Monday, even if the economy tanks and global oil and gas prices remain on the skids.

    Canada only half way to 2020 emissions goal as oil and gas emissions rise

    Ottawa jihadi kept to himself, didn't have close friends, says acquaintance

    Ottawa jihadi kept to himself, didn't have close friends, says acquaintance
    OTTAWA — John Maguire, a former Ottawa man who appears in a new extremist recruiting video, seemed to lack close friends in Canada and kept his distance from others, says an acquaintance who used to pray with him.

    Ottawa jihadi kept to himself, didn't have close friends, says acquaintance

    Canada to train Ukrainian military cops as Ottawa seeks closer ties: Nicholson

    Canada to train Ukrainian military cops as Ottawa seeks closer ties: Nicholson
    OTTAWA — The Harper government signalled Monday it wants to create deeper defence ties with Ukraine, signing a declaration that could lead to broader military co-operation in one of the most volatile parts of the globe.

    Canada to train Ukrainian military cops as Ottawa seeks closer ties: Nicholson

    UNHCR counting on Canada to increase commitment to Syrian refugees

    UNHCR counting on Canada to increase commitment to Syrian refugees
    OTTAWA — A global call for help resettling more than 100,000 Syrian refugees must be answered in part by Canada, the United Nations refugee agency representative in Ottawa says.

    UNHCR counting on Canada to increase commitment to Syrian refugees