Profession

Profession
CPA Canada accused of sending inaccurate member fee information to Ontario accountants
Chartered Professional Accountants of Ontario says assertions made by national Chartered Professional Accountants of Canada in a LinkedIn message are false
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Practice
Can CRA require a taxpayer to prepare net worth audit schedules under the new section 231.1?
While the Canada Revenue Agency’s authority under section 231.1(1)(d) is broad, it is not unlimited, explains tax lawyer and accountant David J Rotfleisch
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Business
Developers want Alberta government to intervene on Canmore vacancy tax
Developers are fighting a popular tourist town over the establishing of a higher tax for second homes that sit empty outside of tourist season in Alberta
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Business
Alberta: Province’s new 8% tax bracket begins today
Tax cut applies to Albertans earning income up to $60,000 as Albertans continue to pay considerably less in overall taxes than those in other provinces
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Practice
A guide to the Canadian tax treatment of domestic, foreign retirement compensation arrangements for high-income earners
Canadian tax lawyer and accountant David J Rotfleisch deconstructs lessons from the recent Tax Court Martin v The King decision involving the CRA and RCAs
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Thought Leaders
Why Elon Musk’s US$34 billion loss wasn’t really that — and what it tells us about the philanthropy of the ultra-wealthy
One of the most strategically valuable (yet less publicly discussed) motivations of philanthropy is tax management, particularly the donation of shares
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Thought Leaders
The forgotten project of tax reform
Despite differences, Canada’s federal parties recognize the need for an in-depth review. Now is the time to act, say François Brouard and Bertrand Lemieux
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Practice
Should founders incorporate their startups in the United States or Canada?
The choice of domicile is an important decision that can have long-term impacts on a startup company explains Gary Marshall of Osler, Hoskin & Harcourt LLP
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Practice
Landmark Canadian tax law decision that limits CRA's authority under section 231.2 of Income Tax Act
Canadian tax lawyer and accountant David J Rotfleisch examines the decision in Canada (National Revenue) v Shopify Inc., against the Canada Revenue Agency
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Practice
The Date Debate: A new battleground in assessment appeals
An Ontario Assessment Review Board decision is sparking debate about how many valuation dates there are in the provincial property tax assessment system
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Practice
Probate Planning in BC: Is the juice worth the squeeze?
Catherine H. Kim and Rose Shawlee of Boughton Law review the pain points of probate planning and why a thorough, thoughtful probate management plan is vital
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Thought Leaders
Australia could tax Google, Facebook and other tech giants with a digital services tax — but don’t hold your breath
Unlike Canada, Australia thinks its hands are tied on the taxation of the multinational tech giants, in fear of retailiatory tariffs from the United States
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Profession
Sunday News Roundup 25.06.15: DST bargaining chip, RVH auditing, and more Canadian accounting news
Our weekly Canadian accounting news roundup includes the digital services tax as a G7 meeting bargaining chip, Renfrew Victoria Hospital auditors. and more
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Practice
Case Commentary: Osman v The King – GST/HST new housing rebate claim denied due to lack of intention to occupy property first
Canadian tax lawyer and accountant David J Rotfleisch explains the clear and settled intention to occupy property as a primary place of residence concept
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Municipal
Report finds healthcare dollars went to former CEO and executive instead of healthcare
Provincially appointed supervisor calls Renfrew Victoria Hospital use of same auditors for more than 35 years a poor financial practice as OPP investigates
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Business
New Brunswick: Holt says 'we got a lot done,' but opposition parties beg to differ
A new provincial government concluded its first legislative session with several tax reduction measures but did not remove the so-called Irving Oil gas tax
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Business
House-Flippers Beware: You are not eligible for GST/HST new housing rebates
Canadian tax lawyer and accountant David J Rotfleisch explains why the Tax Court upheld a Canada Revenue Agency notice of assessment in Ram v The King
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Profession
US audit watchdog reports deficiencies in 2024 audit by Baker Tilly WM LLP
The Public Company Accounting Oversight Board reviewed an audit conducted in 2024 by the Vancouver-based accounting firm and flagged non-compliance issues
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Partner Posts
Accounting 2030: Exploring the future of the profession
In part two of his chat with Chad Davis and Josh Zweig, co-founders of LiveCA, Ben Richmond of Xero discusses how CPA firms can meet the challenges to come
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Practice
Losses, expenses arising from transactions that are not 'sufficiently commercial' may be ineligible to reduce your income tax
Canadian tax lawyer and accountant David J Rotfleisch explains why the Tax Court dismissed the FX trade case of a successful businessman in Chad v The King
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Profession
Canadian Public Accountability Board eases enforcement action against Smythe LLP
Vancouver-based accounting firm Smythe LLP still prohibited from accepting new high-risk reporting issuer audit clients, says Canadian audit watchdog CPAB
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Business
Councillors want information on disturbing rise in St. Catharines homeowners unable to pay soaring tax bills
Revelations of rising numbers of property owners in St. Catharines unable to pay their property tax bills have prompted one city councillor to take action
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Profession
Sunday News Roundup 25.05.25: CPA Ontario dues, CPAs on AI in HBR online, and more Canadian accounting news
Our weekly Canadian accounting news roundup includes social media commentary on CPA Ontario dues, an HBR article on AI board use authored by CPAs, and more
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Practice
How the CRA uses 'nudge letters' with online sellers to increase uptake of Canada's VDP
Canada Revenue Agency uses nudge letters to prompt taxpayers to review their tax affairs, ensure compliance, and access the Voluntary Disclosures Program
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Practice
Case Analysis: Why a business must demonstrate actual business activities before applying for business tax deductions
David J Rotfleisch examines the case of a chartered professional accountant who claimed business expenses for a company he cofounded in Prince Edward Island
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