Taxation

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
Practice

Sweet v Canada: Federal Court Of Canada certified privacy breach class action against CRA

Canadian accountant and tax lawyer David J Rotfleisch on the latest privacy class action lawsuit to be certified by the Federal Court of Canada
Practice

The reasonability requirement for administrative suspension of EFILE rights

Canadian tax lawyer and accountant David J Rotfleisch on Virgen v Canada (Attorney General), a Federal Court decision in favour of an Ontario tax preparer
Practice

The CRA's new power to compel oral interviews

To delineate the limits to its new power, the Canada Revenue Agency should adopt these best practices for audit interviews, argue three tax lawyers from Davies
Practice

Rectification saves taxpayers from adverse tax consequences arising from drafting error

A KPMG tax planning document saved Sleep Country from the consequences of a numerical error, explains Canadian accountant and tax lawyer David J Rotfleisch
Thought Leaders

How a proposed app called TaxTrack could make taxes more democratic

Participatory budgeting is a direct opportunity for public involvement in how taxpayer dollars are spent and can revive trust in governments
Practice

Another historical development in claiming negligence against the CRA

Canadian accountant and tax lawyer David J Rotfleisch on the Myers ruling
Profession

Sunday News Roundup 23.01.01: Happy New Year tax changes and more Canadian accounting news

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

Singh v. Canada: A Canadian tax lawyer's observations on TFSA penalties

As taxpayers, we are ultimately responsible for meeting our obligations under tax law, as explained by Canadian accountant and tax lawyer David J Rotfleisch