Taxation

Practice
A widow is not a spouse: Canadian court saves widow from the CRA's $100,000 derivative tax assessment
In Enns V Canada, 2025 FCA 14, the timing of an RRSP transfer was critical to the decision, explains Canadian accountant and tax lawyer David J Rotfleisch
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Business
B.C. Conservatives pitch a carbon tax on U.S. coal as a trade-war measure
B.C. doesn’t use the American thermal coal that passes through its ports, but the province is a key player in the global coal market, moving US coal to Asia
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- VIEWS 160

Business
Two Atlantic premiers resign amid Canada's economic turmoil
Four years of trade wars and tariffs from the Trump administration could slash East Coast jobs and bring misery to Maritime premiers says political analyst
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- VIEWS 160

Business
Thunder Bay: 307 property owners owe $3 million in uncollected taxes
Muncipalities auction properties for the amount in property taxes owed (with a minimum tender bid) and will advertise sales in local and government media
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- VIEWS 160

Business
Ontario: Businesses, parents comment on tax holiday
While small business owners have mixed emotions about the tax holiday, some working parents were grateful for the beneficial break on goods and services
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- VIEWS 160

Business
Carney shifts carbon price strategy, pledges to make Canada a clean energy superpower
Liberal leadership contender Mark Carney is proposing to shift the financial burden of the carbon tax onto large corporations to fund clean energy choices
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Business
Alberta: Details of Danielle Smith's spending cut committee revealed
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
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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
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Practice
What can we expect for U.S. estate tax under a second Trump administration?
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
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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
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- VIEWS 160

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
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- VIEWS 160

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
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- VIEWS 160

Municipal
Alberta: Residents pick up province's property tax tab, municipalities say
Alberta is not paying its municipalities the full cost of property taxes for its provincial properties and local ratepayers are shouldering the extra costs
- COMMENTS 13
- LIKES 149
- VIEWS 160

Thought Leaders
What is the 90-year-old tax rule Trump could use to double US taxes on foreigners?
Like Canada, Australia created a digital tax that US President Trump could deem as discriminatory or extraterritorial, and subject to retaliatory tariffs
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- VIEWS 160

Practice
How to dispute your tax assessment under Toronto's 2024 Vacant Home Tax
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
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- VIEWS 160

Business
Global tax deal no longer has force in the U.S. Here’s what it could mean for Canada
Canadian companies and pension funds were already lobbying for appropriate tax treatment ahead of President Trump pulling out of the OECD minimum tax deal
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- VIEWS 160

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
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- VIEWS 160

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
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Municipal
What will cost more in 2025
Numerous factors including inflation, limited housing, a weaker dollar, and global political tensions, continue to play a significant role in affordability
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- VIEWS 160

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
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Municipal
GST holiday brings mixed feelings, hurdles for local businesses
Small business owners in towns like Vankleek Hill, Ontario are critical of the federal sales tax holiday, questioning its value and criticizing its rollout
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- VIEWS 160

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
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- VIEWS 160

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
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- VIEWS 160

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
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- VIEWS 160

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
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- VIEWS 160