National
Practice
Employees Beware: Upcoming legislation affecting capital gains will impact employee stock options
David J Rotfleisch explains how Department of Finance changes to legislation, which are expected to be retroactive to June 25, 2024 will affect stock options
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Practice
Are poker winnings now taxable In Canada? A Canadian tax lawyer's analysis of four Tax Court Of Canada recent poker decisions
When a taxpayer relies on other means to sustain their lifestyle, poker-playing activities fail to comprise a source of income, explains David J Rotfleisch
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- VIEWS 160
Practice
PCAOB releases two new, divergent inspection reports for Canadian accounting firms
While Deloitte Canada continued its recent record of success, Kreston GTA respectfully disagrees with significant deficiencies cited by the US audit watchdog
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- VIEWS 160
Practice
How lower income individuals can receive valuable tax benefits by using CRA's new free SimpleFile program
The Canada Revenue Agency has invited more than 1.5 million lower- or fixed-income Canadians with simple tax situations to use the SimpleFile pilot program.
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Practice
Is it easier for the IRS to collect Canadian tax debt?
Lori Bokenfohr and Christopher Steeves of Fasken deconstruct a recent US Tax Court example of considerable multilateral cooperation between the IRS and CRA
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- VIEWS 160
Profession
Sunday News Roundup 24.08.18: Audit watchdog raises the bar, duelling tax tales, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Crossing the border, part three: Individual retirement plan tax issues for Canadian and American expatriates
In the final part of a three-part series on cross-border tax issues, Professor George Gonzalez looks at tax situations in which U.S. residents with IRA and Roth IRA funds relocate to Canada
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Practice
Crossing the border, part two: Individual retirement plan tax issues for Canadian and American expatriates
In the second part of a three-part series on cross-border tax issues, Professor George Gonzalez looks at Canadian residents with RRSP and TFSA funds who expatriate to the United States
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Taxpayers Beware: CRA’s new tools for catching tax evasion, avoiding tax debt
As David J Rotfleisch explains, the most recent federal budget included plans to hold tax professionals accountable as well as notices of non-compliance
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- VIEWS 160
Practice
Crossing the border, part one: Individual retirement plan tax issues for Canadian and American expatriates
In the first part of a three-part series on cross-border tax issues, Professor George Gonzalez presents an overview of individual employee retirement plans in Canada and the United States
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- LIKES 149
- VIEWS 160
Practice
Active Asset Management v. The King Case Study
Lorne Saltman of Gardiner Roberts LLP on a recent Tax Court dispute as to whether declared dividends and promissory notes constituted a transfer of property
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- VIEWS 160
Profession
Sunday News Roundup 24.07.28: Glacier Media melts CPABC regulation reputation and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Sunday News Roundup 24.07.21: Biden drops out, how accountants vote, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Guide to Canadian tax rules on benefits arising from use of corporate assets (e.g., money, trips, boats, cars, space trips, etc.
What happens when business owners dip into their corporation's pockets to pay for personal expenses? Potentially dire consequences, says David J Rotfleisch
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- LIKES 149
- VIEWS 160
Business
Feds push carbon capture projects forward with public money
Critics say taxpayers will pay the full cost of a dubious Strathcona Resources carbon capture and sequestration project funded by the Canada Growth Fund
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- VIEWS 160
Practice
What does Tax Court decide? What does Federal Court decide? Supreme Court clarifies jurisdictions
Through its decisions on Dow Chemical and Iris Technologies, the Supreme Court of Canada has clarified tax appeal jurisdictions, explains David J Rotfleisch
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- LIKES 149
- VIEWS 160
Thought Leaders
Churches don’t pay taxes. Should they?
Many Canadians don’t realize that religious properties are tax exempt, however, this privilege is increasingly being debated as organized religion recedes
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- VIEWS 160
Thought Leaders
The ‘tax-free trap’: How a simple phrase skews Canadians’ savings choices
Canadian taxpayers may be sacrificing long-term savings for short-term investments due to heuristic language that simplifies complex decisions
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- LIKES 149
- VIEWS 160
Practice
When can discovery answers of a deceased Canadian be used under subsections 100(6)-(7) of the Tax Court Of Canada rules?
Canadian accountant and tax lawyer David J Rotfleisch on a Tax Court decision involving the testimony of a taxpayer who died soon after discovery
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- VIEWS 160
Practice
What is the standard of review for discretionary decisions of the CRA appealed to the federal courts?
Canadian accountant and tax litigation lawyer David J Rotfleisch takes a deep dive into the standards for judicial review of taxpayer appeals to the Federal Courts
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- VIEWS 160
Profession
Sunday News Roundup 24.06.16: Capital gains narratives and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
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- VIEWS 160
Profession
Sunday News Roundup 24.06.09: Capital gains vote, Bondfield auditors, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
- LIKES 149
- VIEWS 160
Business
Carbon Tax: Correction demanded for 'big error' in carbon price report
A recent PBO report overestimated the real costs of the carbon tax because it mistakenly included the impact of industrial carbon prices on individual Canadians
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- LIKES 149
- VIEWS 160
Profession
Sunday News Roundup 24.05.26: KPMG new boss, double tax fiasco, firm dealbook and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
Why the Trans Mountain Pipeline expansion is a bad deal for Canadians — and the world
Taxpayers are on the hook for an economically disastrous Faustian bargain that will burden future generations of Canadians as it contributes to climate chaos
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- VIEWS 160