Practice
Profession
Another BC accounting firm punished by audit regulators
The Public Company Accounting Oversight Board in the United States has censured Canadian firm K.R. Margetson and its principal, Keith R. Margetson
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
CRA routinely disallows parking expense claims, even for life-threatening illnesses
It is not the Tax Court's job to provide equitable relief, David Rotflesich explains, as the Income Tax Act provides a bright-line test for medical expense tax credits
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
Benefits of paperless processing for taxpayers: Lessons for CRA from the IRS
Canadian taxpayers will benefit if the CRA follows the IRS in the paperless processing of income tax returns but not at the expense of customer service
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Are CRA publications clear and easy to understand? Can Canadian taxpayers trust their information?
Canadian tax lawyer and accountant David J Rotfleisch explains why taxpayers should not necessarily trust CRA publications such as folios, bulletins and circulars
- COMMENTS 13
- LIKES 149
- VIEWS 160
Partner Posts
Accountants: When is the right time for your sole proprietor or partnership clients to incorporate?
Does your accounting firm have clients that are in a position where incorporation makes sense? Ownr’s professional partner program can help
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Government of Canada releases package of proposed domestic and international tax legislation
The tax team at Davies Ward Phillips & Vineberg LLP review August's draft tax legislation released by the Department of Finance for public consultation
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Canada releases modified proposals to amend the General Anti-Avoidance Rule
Martha Macdonald, Gwen Watson and Michael Steele of Torys LLP in Toronto parse the government's August proposals to amend Canada's GAAR legislation
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Standards of tax statutes and tax caselaw must be respected in reply from CRA to taxpayers
The Hillcore Financial decision by the Tax Court Of Canada shows the importance of crafting tax pleadings that follow the rules says David J Rotfleisch
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Deans Knight Income Corporation v. The King – Case Study
Supreme Court's majority decision will add sustenance to the criticism that GAAR creates uncertainty for taxpayers, explains Lorne Saltman of Gardiner Roberts LLP
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
CRA's ex parte jeopardy order application must provide full and frank disclosure
Canadian tax accountant and lawyer David J Rotfleisch on a win in Federal Court in a high-profile tax case and a lack of full and frank disclosure from the CRA
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Tax settlement In Canadian tax litigation: Challenges for Canadian taxpayers
Canada's courts say a CRA settlement must be principled and not a compromise, explains Canadian accountant and tax lawyer David J Rotfleisch
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
CPAB bans Vancouver accounting firm from auditing publicly listed companies
Audit regulator terminates Hay & Watson audit engagements, censures Calgary-based firm PKF Antares over new audit engagements with risk
- COMMENTS 13
- LIKES 149
- VIEWS 160