Adrienne Woodyard quoted in the Financial Post and Ottawa Citizen

Published: Monday, 19 December 2011

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Adrienne Woodyard, of Davis LLP's Toronto office, was quoted recently in the Financial Post and Ottawa Citizen. In the article, "Court ruling clarifies tax loophole plug's use," Drew Hasselback describes a decision issued on Friday by the Supreme Court of Canada in Copthorne v. The Queen, in which the Court unanimously upheld the Canada Revenue Agency's use of the General Anti-Avoidance Rule (GAAR). Adrienne provided commentary for Drew’s article.

Excerpt from the article:

And while the decision offers some clarity on when GAAR can be invoked, there will never be a way to provide perfect certainty when it comes to GAAR, said Adrienne Woodyard, associate counsel with Davis LLP in Toronto. "As much as taxpayers desire and require consistency and predictability in planning their affairs, the GAAR is, and remains, a bit of a wild card."

To read the full article, please visit the Financial Post.