National

Practice

Case Commentary: Canada v. Csak – Why filing a waiver for a tax reassessment must be done within the normal reassessment period

Closing a dispute that had lasted for more than 10 years, the Federal Court of Appeal overturned a Tax Court waiver decision, explains David J Rotfleisch
Thought Leaders

Who really killed Canada’s carbon tax? Friends and foes alike

While the tax could be replaced by an equally effective tool, its repeal increases uncertainty about Canada’s ability to support climate change mitigation
Practice

New guidance from the CRA: Transactions subject to the GAAR

The Canada Revenue Agency is now offering guidance on the application of the amended GAAR through a webpage, explains Raffaella Garofalo of Miller Thomson
Business

Sunday News Roundup 25.03.30: Considering Carney and more Canadian accounting news

Our weekly Canadian accounting news roundup includes Mark Carney and his Brookfield track record, accounting firm dealbook, articles of interest and more
Thought Leaders

Trump’s tariffs threaten Indigenous businesses in Canada — the government must take action

Accounting Professor Douglas A Stuart and Indigenous Business Professor Andrew J. Karesa on supporting Indigenous business during a trade war and tariffs
Practice

Case Commentary: Onischuk v. The King – Tax Court rules cannot override CRA's statutory requirements

A nil assessment is an objection exception because it is not an assessment and hence cannot be objected to or appealed from, explains David J Rotfleisch
Business

Poilievre vows to kill industrial carbon pricing in ‘desperate’ move against Liberal surge

The central plank of Ottawa’s emission-reduction plan requires companies to pay a carbon price if they exceed a certain threshold of emissions intensity
Practice

Case Commentary: Uppal Estate v. the King upholds procedural fairness for Canadian taxpayers in tax litigation

The decision emphasizes the duty of the CRA in Tax Court pleadings and serves as a procedural safeguard for Canadian taxpayers explains David J Rotfleisch
Practice

US audit watchdog censures KPMG Canada for repeatedly failing to accurately disclose who performed audits

Public Company Accounting Oversight Board levies US$700k against KPMG Canada, US$3.375 million in total against nine member firms of global network
Practice

Top 10 need-to-know Canadian income tax cases from 2024

From Dow Chemical to Coopers Park, Dominic Bédard-Lapointe, Anu Koshal and Al-Nawaz Nanji of McCarthy Tétrault review each case and its impact on 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
Profession

Sunday News Roundup 25.03.02: Tax and trade tides turn and more Canadian accounting news

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

Canadian Accountant’s most popular accounting stories of 2024

From the benefits of a Trump presidency to CRA tax changes, here are the five articles and some honourable mentions that were read the most by accountants