Practice
Practice
Canada just made SR&ED more valuable and easier to access: Here’s what changed
Matteo Loconte, CPA of Miller Thomson LLP explains key takeaways for revised SR&ED process including the CRA’s new, optional pre-claim approval process
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- VIEWS 160
Practice
Why detailed record-keeping is critical to deducting business expenses with CRA: Bobic v. The King
Tax Court of Canada decision yields generous outcome due to CRA benefit of the doubt test, explains Canadian tax lawyer and accountant David J Rotfleisch
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Ottawa makes $10-million EOT exemption permanent
The employee ownership trust (EOT) has now earned a place as a viable option that deserves consideration explains Stéphanie Pépin of Miller Thomson LLP
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- VIEWS 160
Practice
King Charles taxation and Canadian comparisons: Voluntary compliance, crown privilege, and tax transparency
Underlying themes of taxation have direct resonance for Canadian taxpayers and their advisors, asserts Canadian tax lawyer and accountant David J Rotfleisch
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- LIKES 149
- VIEWS 160
Practice
Panama Papers 10th anniversary: Canadian tax implications, CRA results & compliance lessons for taxpayers
The Panama Papers significantly raised the visibility and compliance costs of offshore secrecy, explains Canadian tax lawyer and accountant David J Rotfleisch
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- LIKES 149
- VIEWS 160
Profession
CPAB updates restrictions, releases inspection reports for regional accounting firms
Manning Elliott LLP, Smythe LLP, and American auditors Macias, Gini & O’Connell LLP previously restricted by Canadian Public Accountability Board enforcement
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- LIKES 149
- VIEWS 160
Profession
No significant findings reported by Canadian audit watchdog in reports on four Vancouver-based accounting firms
Davidson & Company LLP, D&H Group LLP, De Visser Gray LLP, and WDM Chartered Professional Accountants each have one office in Vancouver, British Columbia
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- LIKES 149
- VIEWS 160
Thought Leaders
The great power shift inside accounting firms
Seasoned partners are losing their grip on raw recruits. Will they get it back? A study by Bertrand Malsch of the Smith School of Business provides clues
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
How the CRA uses artificial intelligence in Canadian tax audits: What taxpayers must know now
Taxpayers flagged in error by Canada Revenue Agency AI algorithms have no front-end remedy, argues Canadian tax lawyer and accountant David J Rotfleisch
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- LIKES 149
- VIEWS 160
Practice
CRA’s conduct slammed for unnecessarily prolonging tax litigation, increasing costs
Why the Federal Court of Appeal upheld a Tax Court of Canada decision to award costs to Marine Atlantic in its appeal of a Canada Revenue Agency assessment
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- LIKES 149
- VIEWS 160
Practice
Consultation on the Regulation 105 waiver process: What business owners, service providers and practitioners need to know
Regulation 105 waiver process widely viewed as inefficient, misaligned with modern cross border business practices, says Brendan G. Ho of Miller Thomson
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- LIKES 149
- VIEWS 160
Practice
Forgotten, missing tax records and unreported income will cost you penalties
Karlozian serves as a cautionary example of the risks of poor record-keeping and incomplete tax reporting, says tax lawyer and accountant David J Rotfleisch
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- LIKES 149
- VIEWS 160
Practice
Withholding tax and beneficial ownership: C&W Offshore Ltd. v. HMK, 2026 TCC 40
A non-resident vendor’s silence on an invoice does not relieve a Canadian resident of its statutory duty to withhold and remit tax under the Income Tax Act
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- LIKES 149
- VIEWS 160
Municipal
NS: Pictou County council surprised by Deloitte audit and $100k+ bill
Taxpayers in tiny Maritime municipality on hook for $109K because Nova Scotia government ordered secret tax sale process audit by Big Four accounting firm
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- LIKES 149
- VIEWS 160
Practice
It’s almost June. When will the PCAOB publish another Canadian audit inspection report?
The American audit watchdog, defanged by Trump administration deregulation, is far behind its usual publication rate and unlikely to improve in the future
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- LIKES 149
- VIEWS 160
Practice
How to beat CRA alternative tax assessments: Insights from a Canadian tax lawyer
Canadian tax lawyer and accountant David J Rotfleisch presents four strategies based on recent judicial decisions to undermine these CRA tax assessments
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- LIKES 149
- VIEWS 160
Practice
Aggressive tax planning schemes, specially those designed by third parties, will annoy CRA – Canada v. Microbjo Properties Inc.
The Federal Court of Appeal in this case made it clear that true arm’s length dealings require independent interests, real negotiation, and genuine risk
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- VIEWS 160
Profession
Regulators and audit leaders discuss audit quality and confidence in Canada's financial reporting
Left to right: Stan Magidson, Canadian Securities Administrators; Peter Routledge, Superintendent, OSFI; and Sonny Randhawa, Canadian Public Accountability Board
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- LIKES 149
- VIEWS 160
Practice
How disobeying a Federal Court order under the Income Tax Act will result in ‘contempt of court’ charge plus fines & penalties
As David J Rotfleisch explains, the courts make a clear distinction between the inability to comply and a lack of effort, when it comes to contempt of court
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- LIKES 149
- VIEWS 160
Practice
When fake tax losses lead to CRA gross negligence penalties: The risk of willful taxpayer blindness
The recent McCutcheon decision reinforces a fundamental principle of Canadian tax litigation, explains Canadian tax lawyer and accountant David J Rotfleisch
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- LIKES 149
- VIEWS 160
Profession
Bridging Finance allegations just the latest in KPMG Canada audit quality criticism
Under new disclosure rules, Canada’s audit watchdog recently revealed that KPMG had the worst audit inspection results among the Big Four accounting firms
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- LIKES 149
- VIEWS 160
Practice
The meaning of HST 'included in' the purchase price for real property (after the CRA has assessed the HST)
Greg Farano of Gardiner Roberts LLP on a court case involving an HST registrant who self-assessed HST on the value of commercial portion of a sold property
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- LIKES 149
- VIEWS 160
Practice
CRA real estate tax audits using MLS data: Builder risk, GST/HST exposure & audit defence strategies In Canada
In one year alone, more than 2,200 GST/HST tax audits specifically targeting housing transactions resulted in approximately $231 million in tax assessments
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- LIKES 149
- VIEWS 160
Practice
10 Canadian tax facts you ought to know
With the recent release of Canadian Tax Facts 2026 from David J Rotfleisch, now is the time to test your knowledge and assumptions about Canadian taxation
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- LIKES 149
- VIEWS 160
Practice
How to avoid the 'tax trap' on timing of flow-through for dividend income and timing of receipts for trusts
Canadian tax lawyer and accountant David J Rotfleisch examines the FCA decision in Vefghi Holding Corp. v. Canada, currently under leave to appeal at the SCC
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- LIKES 149
- VIEWS 160