National

Practice

Case Commentary: Yadgar v. The King — When trusting your accountant 100% is not an acceptable defence in the Tax Court Of Canada

Canadian tax lawyer and accountant David J Rotfleisch explains how an immigrant success story went wrong in the Tax Court of Canada and the court of appeal
Practice

Case Commentary: How the CRA abused the voluntary disclosure process for this Canadian taxpayer

The Canada Revenue Agency proposed to reassess the Milgram Foundation after accepting its voluntary disclosure application thus prompting a judicial review
Business

Leveraging oil and gas could be Canada’s 'trump card' in a tariff war

An export tax on Canadian oil and gas to the United States could inflict pain on the American economy but could also backfire in the States and domestically
Practice

When can Canadian taxpayers apply to reopen a trial at the FCA from the Tax Court?

As Canadian accountant and tax lawyer David J Rotflesich explains, reopening a court case depends upon the introduction of fresh evidence and error of law
Practice

Tax changes a worry for retiring farmers

Farming advocates continue to oppose tax changes that would affect profits from the intergenerational sale of agricultural land despite mitigating measures
Business

Tired slogans in face of Trump tariffs spell real risk for Poilievre

Donald Trump has put Pierre Poilievre in a political bind, with two feuding conservative premiers, stale messaging around taxes and no coherent trade policy
Practice

Six strategies to minimize probate fees in your estate plan

These succession planning strategies can be cost-effective and save large amounts of tax that would otherwise be payable upon admitting the will to probate
Business

Sunday News Roundup 25.01.12: Bench accounting lessons, CPAB rule changes and more Canadian accounting news

Wrapping up the odds and ends from the past week in Canadian accounting news
Business

Canada's top CEOs make 210 times more than the average worker

Capping the stock option tax deducation is a a decisive shift away from stock options as a means of compensation but the overall salary gap remains high
Practice

Taxpayer's failure to review tax return contributed to negligence, Tax Court Of Canada finds

The CRA can reassess a taxpayer beyond the normal reassessment period if tax return misrepresentations are due to carelessness, neglect or willful default
Practice

Case Commentary: Watts v the King, 2024 TCC 100 — Enhanced costs of litigation

A recent Tax Court of Canada judgment shows why litigants should be aware of all potential court costs asserts tax lawyer and accountant David J Rotfleisch
Profession

Canadian Accountant’s most popular accounting stories of 2024

From the benefits of a Trump presidency to CRA tax changes, here are the five articles and some honourable mentions that were read the most by accountants