National

Practice

Are tax free savings account swap transactions legitimate?

In Louie v Canada, a Canada Revenue Agency cross-appeal was allowed
Practice

R. v. Scholz — A Canadian tax lawyer analysis of document forging and tax fraud

David Rotfleisch provides analysis of falsely claiming GST/HST rebates
Business

Editorial: Morneau out, Freeland in as Trudeau cuts his losses

To many Canadian accountants, Morneau would be an ideal, high net worth client
Thought Leaders

COVID-19 has exposed the limits of philanthropy

Apply a Canadian super-wealth tax to philanthropic foundations, says Adam Saifer
Profession

Friday News Roundup 20.08.14: KPMG, Grant Thornton, rehiring stats, and fraudster jailed      

Wrapping up the odds and ends in this week’s Canadian accounting news
Business

Tax deadlines extended and CEWS amended by Bill C-20

Bhuvana Rai of BLG reviews Bill C-20 and its details relevant to tax practitioners
Thought Leaders

A second COVID-19 wave? Here are 6 lessons from the first

Lives can be saved while also stabilizing business, say Loren Falkenberg of the University of Calgary and Jillian Walsh of University of York
Business

E-commerce businesses now face PST registration in Saskatchewan

New rules part of a broader trend to tax digital platforms, say Nicolas Désy, Kassandra Grenier and Fred Purkey of McCarthy Tétrault
Practice

Indirect tax opportunities in a precarious economic context

An overview of GST/HST and PST relief and opportunities under the current pandemic, from the Tax Group of the Montreal office of McCarthy Tétrault LLP
Profession

Friday News Roundup 20.07.31: CPA Canada applauds Chamber, Morneau smoke, CFIB & more   

Wrapping up the odds and ends in this week’s Canadian accounting news
Practice

Planning to Maximize the Capital Dividend Account — Part II

Part two of a three-part series, "Tax Planning for the Non-Specialist Advisor: Unlocking Liquidity in Corporate Capital Losses," by Michael Goldberg of Minden Gross LLP
Practice

Planning to Maximize the Capital Dividend Account — Part I

Tax Planning for the Non-Specialist Advisor: Unlocking Liquidity in Corporate Capital Losses, is part one of a three-part series by Michael Goldberg of Minden Gross LLP
Practice

The CRA's national policy for saying sorry to taxpayers

There are clear issues with a CRA formal apology policy, says Canadian tax lawyer and accountant David J. Rotfleisch
Practice

That's a relief! CRA extends payment due dates again during COVID-19

Canada Revenue Agency announces further extension to payment due date for individual, corporate, and trust income tax returns
Profession

Friday News Roundup 20.07.24: Pandemic debt, WFH tax breaks, Love & Money and more

Wrapping up the odds and ends in this week’s Canadian accounting news
Practice

When does a CRA tax audit become a criminal tax investigation?

Canadian tax lawyer and accountant David J. Rotfleisch looks at the "Jarvis Standard" and the case of Softcom Solutions
Thought Leaders

COVID-19’s economic impact could be stressing out our kids

Parental economic stress due to COVID-19 may have a substantially negative effect on our children, say economist Shelley Phipps and researcher Nancy Kong
Practice

Should a Canadian taxpayer seek judicial review?

The Canada Revenue Agency must provide reasons to taxpayers for their decisions, says the Federal Court of Canada
Practice

Tax fraud contrary to the Income Tax Act, the Excise Tax Act and the Criminal Code

Canadian tax lawyer and accountant David Rotfleisch looks at Regina V Reynolds
Practice

When can a Canadian taxpayer seek punitive damage from the CRA?

Tax lawyer and accountant David Rotfleisch looks at the Quebec Court of Appeal case of Ludmer c. Attorney General of Canada
Practice

CRA Operational Update: Ten Things You Need To Know

A CRA status update on tax controversy and dispute resolution from Stevan Novoselac and John Sorensen of Gowling WLG
Practice

Tax Court update on getting back to business – top ten takeaways

An update on the reopening of the Tax Court of Canada, by Stevan Novoselac and John Sorensen of Gowling WLG
Practice

The Tax Court Of Canada's new fast track settlement conference system, post the COVID-19 pandemic

Tax lawyer and accountant David Rotfleisch looks at the ramifications of trying to clear the Tax Court's backlog of cases
Thought Leaders

How to build a better Canada after COVID-19: Transform CERB into a basic annual income program

Most proposals for a basic annual income rest on a negative income tax, says Canadian economist Gregory C. Mason
Practice

Income tax reassessment periods – proposed changes

Aasim Hirji and Christopher Ellett of Moodys Tax Law are concerned about Bill C-17, the Time Limits and Other Periods Act (COVID-19)