Taxation
Practice
Crossing the border, part three: Individual retirement plan tax issues for Canadian and American expatriates
In the final part of a three-part series on cross-border tax issues, Professor George Gonzalez looks at tax situations in which U.S. residents with IRA and Roth IRA funds relocate to Canada
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Practice
Crossing the border, part two: Individual retirement plan tax issues for Canadian and American expatriates
In the second part of a three-part series on cross-border tax issues, Professor George Gonzalez looks at Canadian residents with RRSP and TFSA funds who expatriate to the United States
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Taxpayers Beware: CRA’s new tools for catching tax evasion, avoiding tax debt
As David J Rotfleisch explains, the most recent federal budget included plans to hold tax professionals accountable as well as notices of non-compliance
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Practice
Crossing the border, part one: Individual retirement plan tax issues for Canadian and American expatriates
In the first part of a three-part series on cross-border tax issues, Professor George Gonzalez presents an overview of individual employee retirement plans in Canada and the United States
- COMMENTS 13
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- VIEWS 160
Practice
Active Asset Management v. The King Case Study
Lorne Saltman of Gardiner Roberts LLP on a recent Tax Court dispute as to whether declared dividends and promissory notes constituted a transfer of property
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Business
Municipalities not happy about Alberta changes to unpaid oil and gas property taxes
Residential property taxes may increase due to backtracking by the Alberta government over unpaid municipal taxes owed by oil and gas industry producers
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Practice
Guide to Canadian tax rules on benefits arising from use of corporate assets (e.g., money, trips, boats, cars, space trips, etc.
What happens when business owners dip into their corporation's pockets to pay for personal expenses? Potentially dire consequences, says David J Rotfleisch
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Business
Feds push carbon capture projects forward with public money
Critics say taxpayers will pay the full cost of a dubious Strathcona Resources carbon capture and sequestration project funded by the Canada Growth Fund
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- VIEWS 160
Practice
What does Tax Court decide? What does Federal Court decide? Supreme Court clarifies jurisdictions
Through its decisions on Dow Chemical and Iris Technologies, the Supreme Court of Canada has clarified tax appeal jurisdictions, explains David J Rotfleisch
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- VIEWS 160
Thought Leaders
Churches don’t pay taxes. Should they?
Many Canadians don’t realize that religious properties are tax exempt, however, this privilege is increasingly being debated as organized religion recedes
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Thought Leaders
The ‘tax-free trap’: How a simple phrase skews Canadians’ savings choices
Canadian taxpayers may be sacrificing long-term savings for short-term investments due to heuristic language that simplifies complex decisions
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Practice
When can discovery answers of a deceased Canadian be used under subsections 100(6)-(7) of the Tax Court Of Canada rules?
Canadian accountant and tax lawyer David J Rotfleisch on a Tax Court decision involving the testimony of a taxpayer who died soon after discovery
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- VIEWS 160
Business
Caledon Mayor Annette Groves ignores residents, forces approval of 35,000 new homes
Caledon council voted in favour of rezoning agricultural land over the objections of taxpayers concerned about property tax increases and the Greenbelt
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Business
Approval of 35k homes Tuesday will threaten Greenbelt, trigger devastating tax hike for Caledon residents
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
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Partner Posts
The tax profession's talent crisis: The transformative Certificate of Canadian Income Tax Practice
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
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Practice
What is the standard of review for discretionary decisions of the CRA appealed to the federal courts?
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
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- VIEWS 160
Profession
Sunday News Roundup 24.06.16: Capital gains narratives and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
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Thought Leaders
DAC Investment and the GAAR: Did the Tax Court of Canada get it right?
Allan Lanthier is unconvinced by the reasoning in a recent Tax Court of Canada decision involving a Canadian-controlled private corporation and the BVI
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- VIEWS 160
Business
Carbon Tax: Correction demanded for 'big error' in carbon price report
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
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Thought Leaders
Why the Trans Mountain Pipeline expansion is a bad deal for Canadians — and the world
Taxpayers are on the hook for an economically disastrous Faustian bargain that will burden future generations of Canadians as it contributes to climate chaos
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Practice
Federal Court Of Appeal overturns GAAR assessment on the existence of alternative transactions
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
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- VIEWS 160
Thought Leaders
Crystallizing capital gains before June 25: What about the GAAR?
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
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Practice
Federal Budget 2024 — Proposed Changes to 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
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- VIEWS 160
Profession
Sunday News Roundup 24.05.19: Shambolic tenant tax crisis, Poilievre capital gains op-ed, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
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- VIEWS 160
Practice
Case Commentary: Persaud v The King – When can you claim tax deductions (Including medical bills) for dependants?
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
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