Wrapping up the odds and ends from the past week in Canadian accounting news

A progressive tax that punished the wealthy for their outsized emissions would be more palatable than a flat steering tax that hurts low-income Canadians

Canadian tax lawyer and accountant David J Rotflesich looks at case law involving requests to the Canada Revenue Agency for disclosure of relevant records

When a taxpayer ceases to be a GST/HST registrant, they can face a significant tax liability, as in the case of Loupy’s Restaurant before the Tax Court of Canada

There are measurable costs to carbon pricing but they pale in comparison to global factors; for many Canadians, the tax rebate is far larger than the costs

Canadian accountant and tax lawyer David J Rotfleisch explains how accounting standards like GAAP and IFRS pertain to business and personal income taxation

Wrapping up the odds and ends from the past week in Canadian accounting news

When the Supreme Court of Canada denied Glencore’s leave to appeal, it ended a 30-year tax dispute, and characterized complex M&A fees as business income

The Supreme Court of Canada recently denied leave to a taxpayer’s unusual appeal of a Tax Court decision, explains Canadian tax lawyer David J Rotfleisch

Small and medium-sized businesses will benefit from three federal initiatives says Federal Indigenous Services Minister Patty Hadju in Thunder Bay, Ontario

In Milgram Foundation, the Federal Court recognized the finality of the CRA's acceptance of a voluntary disclosure application, explains David J Rotfleisch

A recent Tax Court case is a reminder that taxpayers and accountants must carefully consider the nature of communications, says Molly Luu of Miller Thomson