CIBC v The Queen: FCA Rules that Credit Card Supplies to Banks are a "Financial Service"
The Federal Court of Appeal (the "FCA") recently released its decision on Canadian Imperial Bank of Commerce v The Queen, 2021 FCA 10 [CIBC]. The FCA overturned the lower court's decision and allowed the Canadian Imperial Bank of Commerce ("CIBC") to claim rebates on taxes that it accidentally paid on supplies made by Visa Canada […]