Practice

Practice

Government of Canada releases package of proposed domestic and international tax legislation

The tax team at Davies Ward Phillips & Vineberg LLP review August's draft tax legislation released by the Department of Finance for public consultation
Practice

Canada releases modified proposals to amend the General Anti-Avoidance Rule

Martha Macdonald, Gwen Watson and Michael Steele of Torys LLP in Toronto parse the government's August proposals to amend Canada's GAAR legislation
Practice

Standards of tax statutes and tax caselaw must be respected in reply from CRA to taxpayers

The Hillcore Financial decision by the Tax Court Of Canada shows the importance of crafting tax pleadings that follow the rules says David J Rotfleisch
Practice

Deans Knight Income Corporation v. The King – Case Study

Supreme Court's majority decision will add sustenance to the criticism that GAAR creates uncertainty for taxpayers, explains Lorne Saltman of Gardiner Roberts LLP
Practice

CRA's ex parte jeopardy order application must provide full and frank disclosure

Canadian tax accountant and lawyer David J Rotfleisch on a win in Federal Court in a high-profile tax case and a lack of full and frank disclosure from the CRA
Practice

Tax settlement In Canadian tax litigation: Challenges for Canadian taxpayers

Canada's courts say a CRA settlement must be principled and not a compromise, explains Canadian accountant and tax lawyer David J Rotfleisch
Profession

CPAB bans Vancouver accounting firm from auditing publicly listed companies

Audit regulator terminates Hay & Watson audit engagements, censures Calgary-based firm PKF Antares over new audit engagements with risk
Partner Posts

Streamlining accounting workflows and boosting efficiency with Loop

Joining Loop's accounting partnership program empowers accountants to enhance their practice, drive success, and deliver exceptional value to clients
Practice

Sunday News Roundup 23.07.23: US tax pressure, file those T2s, and more Canadian accounting news

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

CRA to introduce new automatic tax filing system as many Canadians miss out on benefits

Tax filing and tax software groups have been actively discouraging the CRA and its U.S. equivalent, the IRS, from implementing automatic returns
Practice

Bill C-47: New rules for reportable and notifiable transactions take effect

Ronald Nobrega and Devon LaBuik of Fasken on the responsibilities imposed on advisors, including tax professionals, by new reportable transactions rules
Practice

Ernst and Young Canada to pay $1.5 million in class action lawsuit over Just Energy audits

The Big Four accounting firm will also provide information relevant to the ongoing litigation against executives censured by the PCAOB