What happens when business owners dip into their corporation's pockets to pay for personal expenses? Potentially dire consequences, says David J Rotfleisch

Critics say taxpayers will pay the full cost of a dubious Strathcona Resources carbon capture and sequestration project funded by the Canada Growth Fund

Through its decisions on Dow Chemical and Iris Technologies, the Supreme Court of Canada has clarified tax appeal jurisdictions, explains David J Rotfleisch

Many Canadians don’t realize that religious properties are tax exempt, however, this privilege is increasingly being debated as organized religion recedes

Canadian taxpayers may be sacrificing long-term savings for short-term investments due to heuristic language that simplifies complex decisions

Canadian accountant and tax lawyer David J Rotfleisch on a Tax Court decision involving the testimony of a taxpayer who died soon after discovery

Caledon council voted in favour of rezoning agricultural land over the objections of taxpayers concerned about property tax increases and the Greenbelt

Caledon taxpayers want to know how they will be protected from the municipal property tax hikes that may be needed to pay for infrastructure costs

The Certificate of Canadian Income Tax Practice is a game-changer, that helps attract new talent to the tax profession and prepare them for successful careers

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

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

Allan Lanthier is unconvinced by the reasoning in a recent Tax Court of Canada decision involving a Canadian-controlled private corporation and the BVI

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

Taxpayers are on the hook for an economically disastrous Faustian bargain that will burden future generations of Canadians as it contributes to climate chaos

Canadian tax accountant and lawyer David J Rotfleisch explains why the FCA quashed a Tax Court of Canada decision involving a CRA GAAR abuse analysis

Allan Lanthier explains why the General Anti-Avoidance Rule, as amended by Bill C-59, should not apply to a planning alternative to new capital gains rules

Greg Farano of Gardiner Roberts LLP does a deep dive into the details of capital gains rule changes that may create uncertainty for taxpayers and their advisers

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

Tax residence is key, says Canadian tax accountant and lawyer David J Rotfleisch, to claiming medical expense deductions for dependents under the Income Tax Act

The federal government's new capital gains rules have left taxpayers in a pickle says Allan Lanthier. But here's a planning alternative with a deadline of June 24

Under a new funding formula, Alberta municipalities are receiving less funding from the provincial government than they did in 2011, leading to potential tax hikes

In Niverville, Manitoba, one chartered professional accountant gives his perspective on a minimum wage that has increased by nearly four dollars in two years

Canadian accountant and tax lawyer David J Rotfleisch looks at the case of an Alberta restauranteur and an inheritance in Fuhr v. The King

Small businesses are pleased to see the carbon rebate being rolled out but are nervous about the repercussions of the capital gains tax changes

John Oakey of CPA Canada says the Prime Minister's recent comment about accountants was an unexpected turn in the capital gains debate