UCP Premier Danielle Smith has created a cabinet committee to find government cost savings to pay for the postponed personal income tax cut election promise

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

Margaret O'Sullivan of O'Sullivan Estate Lawyers ponders possible scenarios in anticipation of the sunset provision this year of the Tax Cuts and Jobs Act

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

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

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

Alberta is not paying its municipalities the full cost of property taxes for its provincial properties and local ratepayers are shouldering the extra costs

Like Canada, Australia created a digital tax that US President Trump could deem as discriminatory or extraterritorial, and subject to retaliatory tariffs

A hundred thousand tax assessments were reversed in 2023, but the City of Toronto has taken concrete steps to revamp the VHT regime for the 2024 tax year

Canadian companies and pension funds were already lobbying for appropriate tax treatment ahead of President Trump pulling out of the OECD minimum tax deal

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

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

Numerous factors including inflation, limited housing, a weaker dollar, and global political tensions, continue to play a significant role in affordability

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

Small business owners in towns like Vankleek Hill, Ontario are critical of the federal sales tax holiday, questioning its value and criticizing its rollout

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

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

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

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

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

A progressive tax that punished the wealthy for their outsized emissions would be more palatable than a flat steering tax that hurts low-income Canadians

Allan Lanthier examines the recent Bruyea decision of the US Court of Federal Claims, which allowed a tax treaty credit against US tax on investment income

Canadian tax lawyer and accountant David J Rotflesich looks at case law involving requests to the Canada Revenue Agency for disclosure of relevant records

When a taxpayer ceases to be a GST/HST registrant, they can face a significant tax liability, as in the case of Loupy’s Restaurant before the Tax Court of Canada

There are measurable costs to carbon pricing but they pale in comparison to global factors; for many Canadians, the tax rebate is far larger than the costs