National

Practice

Opinion: Donating to a registered charity is not wrongdoing

Canadian tax lawyer and accountant David J Rotfleisch on what a recent article by the IJF about the Asper Foundation gets wrong about Canadian charity law
Practice

Ontario accountants lead national coalition calling for tax reform

Chartered Professional Accountants of Ontario joins five national, provincial organizations representing over 700,000 businesses, professionals across Canada
Practice

CRA is now auditing two years at once. Smaller practices should pay attention

The Canada Revenue Agency is organizing its audit work around patterns across years, writes Syed Saif Ali. The bottom line for practitioners is not alarm
Practice

Canadian audit watchdog issues audit inspection reports for Grant Thornton branded accounting firms

The Canadian Public Accountability Board released audit inspection reports for Doane Grant Thornton, Grant Thornton U.S., and Raymond Chabot Grant Thornton
Practice

Selling the family business to the kids: the tax rules now require the parent to leave

The statute conditions for intergenerational business transfers are strict, writes Koby Smutylo. Here are six things to settle before the tax memo is right
Business

Canada’s $1‑trillion investment push promises growth — but raises questions about who benefits

Productivity Mega Deduction: If the projected benefits do not materialize, budget deficits could increase, leaving taxpayers to ultimately foot the bill
Practice

Selling a business to an employee ownership trust: the tax memo can be right and the deal can still fail

The $10-million capital gains exemption is permanent. Your client's control over the company it applies to ends the afternoon he signs, explains Koby Smutylo
Practice

Philanthropists critical of Nakba exhibit donated $4.8M to groups later sanctioned

Canada Revenue Agency has revoked tax status of many Canadian charitable organizations academic asserts are “largely just conduits” for overseas funding
Practice

Federal Court sets strict Mutual Agreement Procedure (MAP) deadline in reassessment deals with Canada Revenue Agency

The FC Robinson MAP deadline ruling has implications for cross-border taxpayers, owner-managers, corporate groups, and accountants, says David J Rotfleisch
Practice

Notice of Assessment was never mailed? Federal Court of Appeal clarifies taxpayer must first prove non-delivery

The FCA Siam decision reinforces that taxpayers bear the burden of proving that a Notice of Assessment was not sent, and credibility plays a central role
Practice

Complaints about CRA rise 27% despite recent automated tax filing, call centre failures, processing delays, poor communication

Canada’s tax act is completely nuts; administrative modernization cannot succeed without legislative simplification, asserts tax lawyer David J Rotfleisch
Practice

Why R v Jarvis is the most important tax case for Canadian taxpayers

The 2002 Supreme Court of Canada decision presents a clear line between a CRA tax audit versus a criminal tax investigation, explains David J Rotfleisch