Taxation

Practice

Lawyer-client confidentiality may fail to protect end-product tax documents, says FCA

The BMO Nesbitt Burns decision draws a distinction between legal advice and end-product documents says tax lawyer and accountant David J Rotfleisch
Thought Leaders

GAAR Clips Westminster’s Wings

Vern Krishna, whose work was cited in the Deans Knight decision by the Supreme Court of Canada, explains the history of the Westminster principle and GAAR
Practice

How to legitimately defer the worst of Canada's departure tax when becoming a non-resident and moving to another country

The departure tax can create a substantial and unforeseen tax bill for the unaware emigrating taxpayer explains tax lawyer and accountant David J. Rotfleisch
Thought Leaders

Alberta: Why we need to rewrite the script on corporate taxes

Corporate tax cuts did not save jobs in Alberta and wealthy people do not choose where to live based on taxes, says economics professor Junaid B. Jahangir
Profession

Sunday News Roundup 23.06.11: FCA rules on IrisTel, PwC Oz woes continue, and more Canadian accounting news

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

Deans Knight: The return of the GAAR

The Supreme Court of Canada's decision in Deans Knight is a breath of fresh air and strikes a more appropriate balance, says Allan Lanthier
Profession

Sunday News Roundup 23.06.04: Hot economy, tax hypocrisy, and more Canadian accounting news

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

Burden of proof for misrepresentation in tax reassessments is high — and rests with the CRA

In a recent Tax Court of Canada case, the Canada Revenue Agency's proof was flimsy, says Canadian accountant and tax lawyer David J Rotfleisch
Thought Leaders

Taxing the wealthy to the hilt would make us all much better off

Western University professor Tom Malleson presents five reasons for levying high taxes on the very rich, from the environment to (reduced) social friction
Profession

Sunday News Roundup 23.05.28: The Deans Knight Rises, Big Four soaps, and more Canadian accounting news

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

The Revenue Rule In Tax Law

Vern Krishna of TaxChambers LLP on the history of international tax and trade law
Practice

GST/HST tax fraud is a ‘special operation' at the Canada Revenue Agency

It involves fraudulent refund claims, fake invoicing, and GST/HST evasion through off-the-books cash sales, explains tax lawyer and accountant David J. Rotfleisch
Practice

Why the Canada Revenue Agency tax workers strike was good for Canadian accountants

All sides will benefit from the tentative settlement and four years of labour peace. But technology investment is mitigating the impact of CRA strikes
Practice

The Alternative Minimum Tax Goes Mainstream

Stephen Bowman and John (Jay) Winters of Bennett Jones present a capital gains case study on the impact to taxpayers of changes to the AMT regime
Profession

Sunday News Roundup 23.04.09: CRA strike vote, carbon tax, software dealbook, and more Canadian accounting news

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

How would a CRA strike impact Canadian accountants and tax preparers?

We clear up some of the misconceptions around a strike vote by Union of Taxation Employees at the Canada Revenue Agency during tax season
Practice

Taxpayer’s management services not a personal endeavour

Amit Ummat of Ummat Tax Law on a successful appeal of a Tax Court decision involving a dispute over non-capital losses and the concept of a personal element
Profession

Sunday News Roundup 23.04.02: Fed Budget, CRA strike, EY showdown and more Canadian accounting news

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

Supreme Court of Canada rejects Paletta, grants Iristel appeal in tax cases

Forex trading, carousel schemes, court jurisdiction and retroactive tax planning
Practice

Millions in SR&ED tax credits are being missed in overlooked industries by accountants

Real-world examples from Richard Hoy of claims that may surprise accountants looking for Scientific Research & Experimental Development tax credits
Profession

Sunday News Roundup 23.03.19: Tax change speculation, everything MNP everywhere and more Canadian accounting news

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

Trustees need to be prepared for new trust reporting rules

Canadian accountant and tax lawyer David J Rotfleisch explains the new trust reporting rules to take effect In the 2023 taxation year
Practice

When a tax-free savings account is a business & stripped of tax benefits

David J Rotfleisch comments on a recent Tax Court of Canada case
Practice

SR&ED: The CRA cannot use its civil tax audit power to gather information for a criminal investigation

David J Rotfleisch explains why the Federal Court of Appeal ruled in favour of the CRA in a Scientific Research and Experimental Development tax credits case
Thought Leaders

The Foix decision:  The long and uncertain reach of subsection 84(2)

The broader interpretation by the Federal Court of Appeal in a tax case involving a complex hybrid sale was a breath of fresh air says Allan Lanthier