Profession
Practice
Tax Clearance Certificates: Canadian Tax Lawyer Guidance
Tax clearance certificates can be beneficial but may also trigger scrutiny from the Canada Revenue Agency. Canadian tax lawyer and accountant David J Rotfleisch explains
Profession
Friday News Roundup 21.08.27: Election promises, auditor shopping, online business registry and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Practice
Voluntary Disclosure Applications: Canadian Tax Lawyer's Guide
Canadian tax lawyer and accountant David Rotfleisch looks at a recent Federal Court ruling on voluntary disclosure (4053893 Canada Inc.)
Thought Leaders
Want to fix financial literacy? Focus on billionaires squandering their wealth, not school curriculum
A contrarian look at financial literacy education and its focus on individual responsibility
Business
Friday News Roundup 21.08.13: CRA errors, Xero, Freshbooks, record low insolvencies and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Practice
The general anti-avoidance rule and family surplus strips
Allan Lanthier on why the Deans Knight court decision should cause HNW individuals to pause before engaging in aggressive surplus stripping through intergenerational wealth transfers
Thought Leaders
Is the principal residence an endangered species?
The federal government is desperate for money, says Vern Krishna. Tax increases will follow a Liberal majority government
Profession
The future of auditing: why plans to sharpen up the industry could actually make it worse
Unintended consequences of UK audit reforms will hurt smaller companies and non-profits
Profession
Friday News Roundup 21.08.06: Mandatory jabs, CPAB, Allan Inquiry, Muslim charities and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Practice
Tax Court won't uphold gross-negligence penalties: Taxpayer not aware of accountant errors
Canadian tax lawyer and accountant David Rotfleisch explains the case of Frank-Fort Construction in the Tax Court of Canada
Profession
Friday News Roundup 21.07.30: Supreme Court on Atcon, ISSB pitch, MNP embrace and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Thought Leaders
When companies massage the books, the environment takes a hit
It’s time the accounting profession take earnings management more seriously, says financial accounting professors at Queen’s University in Kingston.
Profession
Friday News Roundup 21.07.23: A tax haven in Ottawa, CPAB & CM2.0 consultations, tax complaints and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Partner Posts
Three ways to grow and perfect your accounting practice
From streamlining the client onboarding process to developing a niche practice, there will be many ways to serve your accounting clients more efficiently as Canada moves to a post-pandemic economy
Practice
Alberta Court rejects CRA's duty of care to taxpayers
David Rotfleisch explains the Signal Hill Manufacturing case and duty of care
Profession
Friday News Roundup 21.07.09: Bill C-208 fallout, tax canyons, tennis tax avoidance and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Thought Leaders
Tax relief for family business transfers: A legislative fiasco – Part II
In part two of a two-part series, Allan Lanthier outlines the strategy for legislative repeal and predicts what lies ahead for Bill C-208
Thought Leaders
Tax relief for family business transfers: A legislative fiasco – Part I
Bill C-208 has handed tax avoiders a new surplus stripping scheme on a silver platter explains tax expert Allan Lanthier in a two-part series
Profession
Friday News Roundup 21.07.02: Bill C-208, DST opinions, CHRP calculator and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Practice
New opportunities for intergenerational transfers of businesses after enactment of Canada’s Bill C-208
Any transfer of a family business must be structured correctly to avoid re-assessment by the CRA, says Canadian tax lawyer and accountant David Rotfleisch
Business
Taxing the Internet: An overview of Canada's approach to taxing the digital economy
Braek Urquhart and Elizabeth Egberts of BLG on the current patchwork of provincial and federal digital services tax rules
Profession
Friday News Roundup 21.06.25: No CRA cuffs for ultra-wealthy Canucks, ESG anger, move to Oz and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Thought Leaders
Our response to the CRA's position on creditor-proofing reorganizations – part 1
Doug S. Ewens and Kenneth Keung of Moodys Tax Law LLP in a three-part series on creditor-proofing reorganizations
Practice
Budget 2021 – Tax enforcement, audits, and oral interviews
If proposed legislative amendments receive Royal Assent, the Canada Revenue Agency will have the power to compel oral interviews
Management
Fill in the non-GAAP: New disclosure requirements to become mandatory in August 2021
Marie-Christine Valois and Janie Harbec of Fasken review the new National Instrument 52-112, Non-GAAP and Other Financial Measures Disclosure