Practice

Practice

International remote work: Tax issues, Part II (Canadian companies)

In part two of a two-part series, George Gonzalez and Gillian Holthe of the University of Lethbridge review key tax issues for remote workers outside Canada
Practice

Does your job require you to buy luxury goods? And, can you deduct those luxury goods on your taxes?

Canadian tax lawyer and accountant David J Rotfleisch deconstructs the case of Holt Renfre employee claiming luxury clothing expenses in Samotus v. The King
Practice

PCAOB inspection report: Ernst and Young Canada lowers audit deficiency rate

EY Canada lowers deficiency rate from 50 to 25 per cent according to US audit watchdog inspection report over four 2024 audits by Big Four accounting firm
Practice

Section 160 leads to derivative tax liability for 50-50 shareholders who receive dividends from a tax-debtor corporation

Canadian tax lawyer and accountant David J Rotfleisch comments on the section 160 tax trap in the Tax Court of Canada decision in McCague v The King, 2025
Practice

Alberta: Nenshi says clawback of Assured Income for the Severely Handicapped is theft from disabled

Albertans receiving AISH are required to apply for CDB, but it will be counted as non-exempt income and be taken dollar-for-dollar from their AISH cheque
Practice

International remote work: Tax issues, Part I (workers)

In part one of a two-part series, George Gonzalez and Gillian Holthe of the University of Lethbridge review key tax issues for remote workers outside Canada
Practice

Case Commentary: The application of the General Anti-Avoidance Rule on capital dividends

Canadian tax lawyer and accountant David J Rotfleisch looks at the impact the new GAAR may have had on the Magren Holdings case had the rule been in effect
Partner Posts

Open Banking: A crucial shift for Canadian accountants

Five ways for Canadian accountants and bookkeepers to prepare for the swift and transformed landscape of open banking, as explained by Mike Cascone of Xero
Practice

What expenses can owners deduct from rental properties that produce no income?

In Blecha v The King, the Canada Revenue Agency disputed whether a taxpayer was really renting residential property, explains tax lawyer David J Rotfleisch
Practice

Bank Of Nova Scotia v The King: How a procedural rule on loss carrybacks triggered $7.9M in interest arrears on tax not owing

It’s a matter of interest as to why Scotiabank is appealing to the Supreme Court of Canada after losing Canada Revenue Agency decisions in the lower courts
Practice

How CRA conducts net worth audits and enforces gross negligence penalties against Canadian taxpayers

David J Rotfleisch dissects the case of a certified management accountant and former employee of the CRA in Mann v The King and lessons from similar cases
Profession

Sunday News Roundup 25.08.03: Williams shown the door at PCAOB, Lambos in the tax lane, and more Canadian accounting news

Our weekly Canadian accounting news roundup includes Trump and the US audit watchdog, are accountants ready (or not) for AI, accounting dealbook, and more
Profession

Upcoming pilot program opens accounting opportunities for Squamish, Tsleil-Waututh and Musqueam Nations

Chartered Professional Accountants of British Columbia is helping boost accounting job opportunities for Indigenous communities with a new outreach program
Profession

CRA launches new process for Canadian taxpayers to authorize their tax representatives

Tax representatives can now be given instant access by individuals to their CRA online accounts due to a new process launched by the Canada Revenue Agency
Profession

Canadian Public Accountability Board censures Mississauga accounting firm Clearhouse LLP

Clearhouse prohibited from accepting new high and moderate risk reporting issuers including those resulting from IPOs, reverse takeovers, other transactions
Profession

CPA Ontario provides recommendations in 2025 quality management report for accounting firms

Of the 12 firms subject to Enhanced Quality Management Review (EQMR), two were found to have significant reportable deficiencies requiring remedial action
Profession

When accounting rules change at the (provincial) border

Ontario’s CSRS 4200 framework should be adopted nationally to provide for provincial labour mobility among accountants says James Green of RPA Canada
Profession

US audit watchdog sanctions Canadian accounting firm Raymond Chabot Grant Thornton LLP

PCAOB reminds registered public accounting firms they must file Form 3, Special Report, no later than 30 days after the occurrence of the reportable event
Practice

Can CRA require a taxpayer to prepare net worth audit schedules under the new section 231.1?

While the Canada Revenue Agency’s authority under section 231.1(1)(d) is broad, it is not unlimited, explains tax lawyer and accountant David J Rotfleisch
Practice

A guide to the Canadian tax treatment of domestic, foreign retirement compensation arrangements for high-income earners

Canadian tax lawyer and accountant David J Rotfleisch deconstructs lessons from the recent Tax Court Martin v The King decision involving the CRA and RCAs
Thought Leaders

Why Elon Musk’s US$34 billion loss wasn’t really that — and what it tells us about the philanthropy of the ultra-wealthy

One of the most strategically valuable (yet less publicly discussed) motivations of philanthropy is tax management, particularly the donation of shares
Practice

Should founders incorporate their startups in the United States or Canada?

The choice of domicile is an important decision that can have long-term impacts on a startup company explains Gary Marshall of Osler, Hoskin & Harcourt LLP
Practice

Landmark Canadian tax law decision that limits CRA's authority under section 231.2 of Income Tax Act

Canadian tax lawyer and accountant David J Rotfleisch examines the decision in Canada (National Revenue) v Shopify Inc., against the Canada Revenue Agency
Practice

The Date Debate: A new battleground in assessment appeals

An Ontario Assessment Review Board decision is sparking debate about how many valuation dates there are in the provincial property tax assessment system
Practice

Probate Planning in BC: Is the juice worth the squeeze?

Catherine H. Kim and Rose Shawlee of Boughton Law review the pain points of probate planning and why a thorough, thoughtful probate management plan is vital