National
Business
Queen's profs weigh in on federal budget
Two Queen's University professors question whether the Liberals have thought through the implications of their changes to capital gains taxation
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Sunday News Roundup 24.04.21 PwC layoffs, MNP BC turmoil, 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
Canadian federal budget 2024: Does it deliver on ‘generational fairness’ promise for Gen Z and Millennials?
Whether the federal budget will help millennials and Gen Z through tax initiatives, says Gustavson accounting professor Douglas A. Stuart, is subject to speculation
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
Fossil fuel subsidies cost Canadians a lot more money than the carbon tax
Subsidies cost Canadian taxpayers roughly $214 per taxpayer every year — and unlike the federal carbon tax, Canadians don’t get a rebate on this tax
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Airbnb sale subject to GST/HST
Amit Ummat and Alisha Butani of Ummat Tax Law provide an overview of the Tax Court of Canada’s ruling in 1351231 Ontario Inc v. The King, 2024 TCC 37
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
How international athletes are taxed in Canada: Toronto Maple Leafs' captain John Tavares embroiled in tax litigation with CRA
Tavares is a high-profile opportunity for the CRA to test the limits to the structuring of athlete salaries explains Canadian accountant and tax lawyer David J Rotfleisch
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Case Commentary: Cassidy v Canada — using extraordinary circumstances, CRA's delays, inability to pay, or financial hardship
Why the Federal Court, in Cassidy v Canada, ruled that a CRA officer's decision was unreasonable, and the taxpayer received relief over unpaid taxes
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
What to do when the CRA refuses taxpayer relief
Tax accountant and lawyer David J Rotfleisch explains how a corporate director won relief from the CRA over payroll remittance in Maverick v HMK, 2023
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
10 reasons why Canadians are still dissatisfied with the economy, despite the upswing
Four accounting academics explain the disconnect between the pessimism of Canadians and an economy that seems headed for a soft landing
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Sunday News Roundup 24.03.03 Mulroney legacy, PwC sole source, RPA rising, 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
Here’s what we can learn from Canada’s response to inflation in the 1980s and 1990s
Inflation is a tax on households, but don’t expect prices to revert to pre-pandemic levels, as interest rates could stay where they are for several more months
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
PCAOB finds fault with half of Ernst and Young Canada audits inspected
US audit watchdog inspection report details audits with multiple deficiencies and potential non-compliance with independence rules over financial relationships
- COMMENTS 13
- LIKES 149
- VIEWS 160