Taxation

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
Practice

CRA operational update - Ten things you need to know (Fall 2020)

Stevan Novoselac of Gowling WLG on the October update from the CRA
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
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
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
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
Practice

Hansen v The Queen: The principle residence exemption and house flipping

Tax lawyer and accountant David Rotfleisch looks at a recent Tax Court ruling involving a CRA charge of gross negligence
Practice

Refinancing Prescribed-Rate Loans Used For Income Splitting

Vincent E. Didkovsky of Newport Private Wealth and Michael Goldberg of Minden Gross on minimizing the risk of a challenge from the CRA
Book Reviews

Book Review – Victory Over the CRA: An Accountant's Guide to Representing a Client

Tax Lawyer Dale Barrett wears the white hat in a timeless showdown with the CRA
Practice

Professional corporations and income for child support – Guidance from the BC Court Of Appeal

Chantal M. Cattermole of Clark Wilson LLP on a case involving competing income assessments prepared by two Canadian accountants
Business

WE Charity demise shows why trust, transparency are so critical for NGOs

Most NGOs fund their operations from taxpayer dollars, says accounting doctoral candidate Nelson Duenas
Practice

Rogers Enterprises (2015) Inc. v The Queen

Beware the tax trap of GAAR, says tax lawyer and accountant David Rotfleisch
Practice

Here comes the CEWS audits

Practitioners are now seeing the first CRA "small-scale" CEWS audits say Kenneth Keung and Kim G C Moody of Moodys Tax
Thought Leaders

The throne speech: Fiscal prudes are fretting about the wrong issues

Finance public policy professor Marc-Andre Pigeon says much of government debt is simply accounting entries
Practice

Changes to the Canadian principal residence exemption – part two

Kim G C Moody provides an update to the principal residence exemption conversation
Business

What will be the impact of the WE Charity scandal on the Canadian charity sector?

A longform article by charity sector lawyer Mark Blumberg on the We Charity, its governance and for-profit activities
Thought Leaders

The throne speech must blaze a bold new path — including imposing a wealth tax

The pandemic has laid bare the consequences of a gilded age of tax avoidance
Practice

Changes coming to the Canadian principal residence exemption?

The time for change might be ripe says Kim G C Moody of Moodys Tax Law LLP
Profession

Third party penalties under the Income Tax Act

Why the landmark 2015 Guindon decision by the Supreme Court of Canada matters to Canadian accountants
Practice

Reconsidering Consideration – TCC concludes funding attracts HST in CanLII v The Queen

Bobby Solhi and Braek Urquhart of BLG on the CanLII sales tax implications for non-profit organizations
Practice

Director's liability and the Income Tax Act statutory limitation

Tax lawyer and accountant David Rotfleisch looks at Soulliere v The Queen
Taxation

Me Too defeats You Too in Tax Court

The Penate decision by the Tax Court of Canada is welcome awareness of racial and gender discrimination, says Claire M.C. Kennedy and Anu Nijhawan of Bennett Jones LLP
Practice

Planning to Maximize the Capital Dividend Account — Part III

The third and final part 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

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