National

Practice

Federal Court Of Appeal overturns GAAR assessment on the existence of alternative transactions

Canadian tax accountant and lawyer David J Rotfleisch explains why the FCA quashed a Tax Court of Canada decision involving a CRA GAAR abuse analysis
Practice

Federal Budget 2024 — Proposed Changes to Capital Gains Rules

Greg Farano of Gardiner Roberts LLP does a deep dive into the details of capital gains rule changes that may create uncertainty for taxpayers and their advisers
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
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
Thought Leaders

Economic growth tops the priority list for Canadian policymakers — here’s why

There's nothing wrong with challenging our assumptions, say academics from the University of Saskatchewan, but interest rates are higher than growth rates
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
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
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
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
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
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
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