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

Taxpayers are on the hook for an economically disastrous Faustian bargain that will burden future generations of Canadians as it contributes to climate chaos

Canadian tax accountant and lawyer David J Rotfleisch explains why the FCA quashed a Tax Court of Canada decision involving a CRA GAAR abuse analysis

Allan Lanthier explains why the General Anti-Avoidance Rule, as amended by Bill C-59, should not apply to a planning alternative to new capital gains rules

Greg Farano of Gardiner Roberts LLP does a deep dive into the details of capital gains rule changes that may create uncertainty for taxpayers and their advisers

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

The partnership, which launches a new training program for aspiring accountants, is a forward-thinking strategy that will enrich the Canadian accounting profession

Current CEO Jad Shimaly transitions to EY global managing partner – client service as part of four-person global team supporting new EY Global boss Janet Truncale

Tax residence is key, says Canadian tax accountant and lawyer David J Rotfleisch, to claiming medical expense deductions for dependents under the Income Tax Act

The federal government's new capital gains rules have left taxpayers in a pickle says Allan Lanthier. But here's a planning alternative with a deadline of June 24

Under a new funding formula, Alberta municipalities are receiving less funding from the provincial government than they did in 2011, leading to potential tax hikes

Can the courts compel Canadian accountants to disclose their tax analysis? In the first of a three-part series, Brian Studniberg of Henein Hutchison Robitaille LLP looks at the Gaudreau case currently before the Federal Court of Appeal in Quebec

In Niverville, Manitoba, one chartered professional accountant gives his perspective on a minimum wage that has increased by nearly four dollars in two years

Canadian accountant and tax lawyer David J Rotfleisch looks at the case of an Alberta restauranteur and an inheritance in Fuhr v. The King

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

Small businesses are pleased to see the carbon rebate being rolled out but are nervous about the repercussions of the capital gains tax changes

John Oakey of CPA Canada says the Prime Minister's recent comment about accountants was an unexpected turn in the capital gains debate

Two Queen's University professors question whether the Liberals have thought through the implications of their changes to capital gains taxation

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

In recent years, the issue of oil and gas companies owing money to Alberta municipalities has become a significant concern, with millions in unpaid taxes

Whether the federal budget will help millennials and Gen Z through tax initiatives, says Gustavson accounting professor Douglas A. Stuart, is subject to speculation

The Public Company Accounting Oversight Board hit KPMG Netherlands with a record US$25-million civil civil penalty for widespread improper answer sharing

Double standards abound on the carbon tax, says MacEwan University economics professor Junaid B. Jahangir, despite the support (and limits) of textbook economics

Canadian taxpayer-supported clean tech startups may move south of the border due to regulatory risk and political uncertainty despite substantial tax benefits

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