The departure tax can create a substantial and unforeseen tax bill for the unaware emigrating taxpayer explains tax lawyer and accountant David J. Rotfleisch

The Supreme Court of Canada's decision in Deans Knight is a breath of fresh air and strikes a more appropriate balance, says Allan Lanthier

In a recent Tax Court of Canada case, the Canada Revenue Agency's proof was flimsy, says Canadian accountant and tax lawyer David J Rotfleisch

A state auditor would be better than accounting firms at policing systemically important institutions such as banks

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

Audit firms based in the United States made the most net client gains in the Canadian mid-tier accounting sector, according to data compiled by Audit Analytics

It involves fraudulent refund claims, fake invoicing, and GST/HST evasion through off-the-books cash sales, explains tax lawyer and accountant David J. Rotfleisch

But Ernst and Young Canada was the real winner in new audit engagements in 2022, according to data compiled by Audit Analytics

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

Changes to enforcement disclosure rules by CPAB means more transparency from audit regulator, more public scrutiny of Canadian auditors

All sides will benefit from the tentative settlement and four years of labour peace. But technology investment is mitigating the impact of CRA strikes

Stephen Bowman and John (Jay) Winters of Bennett Jones present a capital gains case study on the impact to taxpayers of changes to the AMT regime

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

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

Accountants that unthinkingly send the Agency tax appeal invoices may improperly reveal solicitor-client communications and more, says tax litigator Peter Aprile

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

Canadian Public Accountability Board annual inspection report reveals poor performance overall exaggerated by some audit firms

Canadian accountant and tax lawyer David J. Rotfleisch explains how, in Goldhar v The King, a toy salesman successfully appealed a CRA reassessment

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

We clear up some of the misconceptions around a strike vote by Union of Taxation Employees at the Canada Revenue Agency during tax season

Amit Ummat of Ummat Tax Law on a successful appeal of a Tax Court decision involving a dispute over non-capital losses and the concept of a personal element

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

Forex trading, carousel schemes, court jurisdiction and retroactive tax planning

Real-world examples from Richard Hoy of claims that may surprise accountants looking for Scientific Research & Experimental Development tax credits

Marco Baldasaro and Graham McLennan of McLennan Ross LLP on an Alberta court decision involving a disclaimer clause in an accounting firm's Review Engagement Report