Profession
Profession
Sunday News Roundup 24.05.19: Shambolic tenant tax crisis, Poilievre capital gains op-ed, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
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Partner Posts
Bridging Education and Industry: Reflections from the Algoma University and RPA Canada memorandum of understanding
The partnership, which launches a new training program for aspiring accountants, is a forward-thinking strategy that will enrich the Canadian accounting profession
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Profession
EY Canada names Alycia Calvert first female CEO of a Canadian Big Four accounting firm
Current CEO Jad Shimaly transitions to EY global managing partner – client service as part of four-person global team supporting new EY Global boss Janet Truncale
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Practice
Case Commentary: Persaud v The King – When can you claim tax deductions (Including medical bills) for dependants?
Tax residence is key, says Canadian tax accountant and lawyer David J Rotfleisch, to claiming medical expense deductions for dependents under the Income Tax Act
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Thought Leaders
The new game in town: Capital gains and the alternative minimum tax
The federal government's new capital gains rules have left taxpayers in a pickle says Allan Lanthier. But here's a planning alternative with a deadline of June 24
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Business
Less infrastructure funding leaves municipalities with tough decisions
Under a new funding formula, Alberta municipalities are receiving less funding from the provincial government than they did in 2011, leading to potential tax hikes
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Thought Leaders
A Privilege Primer, Part I: Gaudreau reminds that there is no accountant-client privilege in Canada. But why?
Can the courts compel Canadian accountants to disclose their tax analysis? In the first of a three-part series, Brian Studniberg of Henein Hutchison Robitaille LLP looks at the Gaudreau case currently before the Federal Court of Appeal in Quebec
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Business
Debate continues over impact of next minimum wage increase
In Niverville, Manitoba, one chartered professional accountant gives his perspective on a minimum wage that has increased by nearly four dollars in two years
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Practice
Tax Court Of Canada rejects CRA's attempt to apply gross-negligence penalties in statute-barred years
Canadian accountant and tax lawyer David J Rotfleisch looks at the case of an Alberta restauranteur and an inheritance in Fuhr v. The King
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Profession
Sunday News Roundup 24.04.28: More capital gains, more audit powers, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
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Business
Carbon rebate could bode well for businesses: advocate
Small businesses are pleased to see the carbon rebate being rolled out but are nervous about the repercussions of the capital gains tax changes
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Opinion
Letter to the Editor: PM Trudeau’s comment takes aim at accountants amidst capital gains changes confusion
John Oakey of CPA Canada says the Prime Minister's recent comment about accountants was an unexpected turn in the capital gains debate
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Business
Queen's profs weigh in on federal budget
Two Queen's University professors question whether the Liberals have thought through the implications of their changes to capital gains taxation
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Profession
Sunday News Roundup 24.04.21 PwC layoffs, MNP BC turmoil, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
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Business
Unpaid taxes by oil and gas companies remains a concern for rural municipalities
In recent years, the issue of oil and gas companies owing money to Alberta municipalities has become a significant concern, with millions in unpaid taxes
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Thought Leaders
Canadian federal budget 2024: Does it deliver on ‘generational fairness’ promise for Gen Z and Millennials?
Whether the federal budget will help millennials and Gen Z through tax initiatives, says Gustavson accounting professor Douglas A. Stuart, is subject to speculation
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Practice
As Big Four foreign firms punished for exam cheating, PwC Canada fines put into perspective
The Public Company Accounting Oversight Board hit KPMG Netherlands with a record US$25-million civil civil penalty for widespread improper answer sharing
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Thought Leaders
An economist explains: Textbook economics is badly flawed when it comes to climate change
Double standards abound on the carbon tax, says MacEwan University economics professor Junaid B. Jahangir, despite the support (and limits) of textbook economics
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Thought Leaders
Stock markets signal a growing gap between Canadian and American clean tech firms
Canadian taxpayer-supported clean tech startups may move south of the border due to regulatory risk and political uncertainty despite substantial tax benefits
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Profession
Sunday News Roundup 24.04.07 Bare trusts, KPMG decision, PCAOB-PKF, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
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Thought Leaders
Fossil fuel subsidies cost Canadians a lot more money than the carbon tax
Subsidies cost Canadian taxpayers roughly $214 per taxpayer every year — and unlike the federal carbon tax, Canadians don’t get a rebate on this tax
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Profession
Two of the Big Four accounting firms failed their audit inspections in 2023 — but we don’t know who
The Canadian Public Accountability Board says it will take at least two years before more transparency is provided as to which firms fail and which succeed
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Profession
Sunday News Roundup 24.03.31 Bare trusts laid bare and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
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- VIEWS 160
Practice
Airbnb sale subject to GST/HST
Amit Ummat and Alisha Butani of Ummat Tax Law provide an overview of the Tax Court of Canada’s ruling in 1351231 Ontario Inc v. The King, 2024 TCC 37
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Thought Leaders
PwC Australia ethics breach: Differences in Canadian and Australian CPA regulation
Though similiar, there are important differences between Australian and Canadian professional rules of conduct explains accounting professor George Gonzalez
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