Taxation

Practice
TFSA penalty relief: A Canadian tax lawyer's guidance
The CRA acted unreasonably in a recent TFSA overcontribution case
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Business
Corporation tax: ‘race to bottom’ may be ending after 40 years — here’s why it never made sense
The Canadian corporate tax rate follows decades-long global pattern of reduction
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Practice
CRA moves forward with international audits despite continued backlog
Despite the current pandemic, Canada continues to combat international tax evasion, reports Elizabeth Egberts and Laurie Goldbach of BLG
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Thought Leaders
A brief history on the unpleasant subject of taxes
The story of income tax is rooted in war, explains Vern Krishna, FCGA, FCPA, CM, QC of TaxChambers LLP in Toronto
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Practice
Are you ready for your CEWS audit?
Anu Nijhawan, Martin Sorensen, and Hennadiy Kutsenko of Bennett Jones LLP on preparing for a CRA CEWS audit
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Practice
Tax search warrants per Income Tax Act
In certain circumstances, solicitor-client privilege may be available for accountant-client correspondence
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Profession
Ontario in second COVID-19 state of emergency. Tax Court of Canada shuts down again
The last Tax Court decision involved another CRA transfer pricing case: Dow Chemical Canada ULC v. The Queen
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Retirement
RRSP Meltdown Strategy: A Canadian tax lawyer's tax guidance
Tax lawyer and accountant David Rotfleisch looks at a unique retirement financial strategy to create tax neutrality on RRSP withdrawals
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Practice
CRA eyeing influencers, video game streamers for unreported taxes
Canadian influencers earn millions and the CRA wants its cut, says tax accountant and lawyer David Rotfleisch
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Thought Leaders
Footing the COVID-19 bill: Economic case for tax hike on wealthy
How Canada compares to Western economies in terms of taxes and inequality
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Business
How would big tax hikes from Joe Biden affect Canada?
Canadian accounting, economic experts predict a tough road ahead for Biden
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Business
Friday News Roundup 20.12.18: CERB turmoil, tax gaps and havens, and more
Wrapping up the odds and ends in this week’s Canadian accounting news
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Transfer Pricing
AgraCity Ltd. v. The Queen, case study
Will recent CRA tax court losses result in the toughening of transfer pricing rules?
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Thought Leaders
Advocates applauded as Canada zero-rates tax on face masks, shields
Cyndee Todgham Cherniak an early advocate of zero-rated PPE
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Partner Posts
Understanding wage subsidies at year-end
Rachel Fisch of Wagepoint on TWS & CEWS compliance in time for 2020 year-end
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- VIEWS 160

Profession
Are net wealth taxes what Canada needs to manage its growing deficit?
A wealth tax isn’t a silver bullet says Fred O'Riordan, EY Canada Tax Policy Leader
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Thought Leaders
Canada should repeal the small business deduction
There is little evidence supporting the efficacy of the SBD, says Allan Lanthier
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Business
Why is the CRA targeting temporary labour agencies?
The Canada Revenue Agency believes many agencies engage in fraudulent tax schemes
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- VIEWS 160

Practice
Updates to CERS, CEWS & CEBA
Canadian tax lawyer and accountant David J. Rotfleisch reviews recent updates to government support
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Practice
Should Canada have a wealth tax: lessons learned
Wealth taxes are not new – and many countries that had them have abandoned them, says Margaret R. O'Sullivan of O'Sullivan Estate Lawyers LLP
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Practice
CRA operational update - Ten things you need to know (Fall 2020)
Stevan Novoselac of Gowling WLG on the October update from the CRA
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Practice
No elation when rectification takes a vacation
John A. Sorensen of Gowling WLG looks at the recent rejection of a rectification application as retroactive tax planning
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Practice
Deducting motor vehicle expenses: Gardner v The Queen
A recent Tax Court decision provides guidance for taxpayers working from home during the COVID-19 pandemic
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Practice
Toronto employment agency owner sentenced for tax fraud
The CRA may have an ongoing project to scrutinize staffing agencies and their clients, says Canadian tax lawyer and accountant David J. Rotfleisch
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Business
Canadians will pay the bill for COVID-19 in higher taxes — here’s how it will likely happen
Gordon Pape on eight potential Canadian tax increases post-pandemic
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