Taxation

Practice
Budget 2021 – Tax enforcement, audits, and oral interviews
If proposed legislative amendments receive Royal Assent, the Canada Revenue Agency will have the power to compel oral interviews
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Practice
2021 updates for T1134: A Canadian tax lawyer's perspective
The T1134 has been updated to reflect legislation changes that allow the CRA to collect additional information and provide some reporting relief
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Thought Leaders
G7 tax deal: if you think multinationals will be forced to pay more, you don’t understand tax avoidance
Anticipate new accounting ways around the rules, says Professor Ronen Palan
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Practice
Dealing with Canada – Challenges and opportunities for global wealth and tax planners
Rahul Sharma and Jennifer A. N. Corak of Miller Thomson LLP present three common scenarios of non-Canadian or foreign trusts where Canada's Income Tax Act rules intersect with the international wealth planning of taxpayers
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Practice
Maple Leafs GM vs CRA tax court ruling
Just in time for the playoffs, Dave Nonis scores a win in the Tax Court of Canada, six years after his dismissal as General Manager of the Toronto Maple Leafs
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Practice
Post-Mortem Planning For Private Companies — Reconsidering Options For Triggering Capital Gains — Part II
Tax Planning For The Non-Specialist Advisor: In part two of a two-part series, Michael Goldberg looks at an alternative post-mortem PC Liquidation strategy he calls Spousal Rollover Liquidation Planning
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Profession
How global tax dodging costs lives: New research shows a direct link to increased death rates
What is the human cost of revenue losses through tax avoidance and tax evasion?
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Profession
Canadian tax professionals: A Canadian tax lawyer's guide
Canadian tax lawyer and accountant David J Rotfleisch breaks down the classifications and the kind of work done by Canadian tax professionals
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David J. Rotfleisch
President Trump will single-handedly make forensic accountants sexy
The investigation into former US president Donald Trump's finances could be turned into a hit TV series, says tax accountant and lawyer David J Rotfleisch
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- VIEWS 160

Practice
Post-Mortem Planning For Private Companies — Reconsidering The Options For Triggering Capital Gains — Part I
Tax Planning For The Non-Specialist Advisor: Part one of a two-part series from Michael Goldberg of Minden Gross LLP on an alternative strategy for post-mortem PC liquidation
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- LIKES 149
- VIEWS 160

Business
Friday News Roundup 21.05.07: Isle of Man, Laurentian, slow CRA on CRB and more
Wrapping up the odds and ends in this week’s Canadian accounting news
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- VIEWS 160

Practice
Tax D-Day: As April 30 comes to a close, no extension for accountants despite 75k petition, CRA service disruptions
A tax season like no other is finally coming to a close. CPAs won’t soon forget it
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Business
2021 Canadian federal budget – Top 5 tax measures
Jeremy Ho and Kabir Jamal, partners in the Tax Group at McCarthy Tétrault, on five key tax proposals, from interest deductibility limits to a new digital services tax
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Transfer Pricing
Canadian budget proposes new cross-border interest deductibility limit
Jared A. Mackey, Brendan Sigalet and Philip B. Ward of Bennett Jones LLP on a fundamental change to the existing interest deductibility regime
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Global
OECD Report: The role of corporations in fighting white collar crime enablers
OECD report recommends actions to battle global white collar crime accomplices
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- VIEWS 160

Business
2021 Federal Budget – Spend, spend, spend (part deux) with some interesting tax measures
Kim G C Moody FCPA, FCA, TEP and members of the Moodys Tax Law team in Calgary provide commentary and analysis of Budget 2021
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- VIEWS 160

Profession
Canadian accountants petition CRA for tax deadline extension
More than 50,000 taxpayers are signing petition available on Change.org
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- VIEWS 160

Business
Friday News Roundup 21.04.16: Watch out! Covid accounting inspectors! Plus (no) tax deadline extensions, and more!
Wrapping up the odds and ends in this week’s Canadian accounting news
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Practice
Tax Court: No penalty for tax return filed without person's knowledge
The CRA did not rightfully impose a gross-negligence penalty in Bowker v. The Queen, explains tax accountant and lawyer David J Rotfleisch
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- VIEWS 160

Business
Friday News Roundup 21.04.09: A capital (gains) idea, corporate tax, bashing bloggers, grumpy accountants and more
Wrapping up the odds and ends in this week’s Canadian accounting news
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- VIEWS 160

Thought Leaders
Filing tax returns, paying income tax, is saving us during COVID-19
Tax accountant and lawyer David J Rotfleisch says paying our income taxes is what keeps Canada a great country to live in
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Practice
CRA's views on charitable remainder trusts
CRTs can be a useful charitable giving tool say M. Elena Hoffstein and Brittany Sud of Miller Thomson LLP
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Profession
A Taxonomy Of Tax Professionals
With a close look at US tax professionals from Jason Galek of Moodys Tax Law
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- VIEWS 160

Business
Tax litigators may represent corporations in Canada Tax Court appeals
But under certain conditions, accountants may represent taxpayers in Tax Court
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- VIEWS 160

Practice
A pending VDP application won't stop a CRA tax reassessment
Notably, says Canadian tax accountant and lawyer David Rotfleisch, a voluntary-disclosure application must indeed be voluntary
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- VIEWS 160