Case Commentary: Watts v The King, 2024 TCC 100 – Enhanced Costs of Litigation

In August 2024, the Tax Court of Canada delivered its judgment in Watts v The…

Published: December 19, 2024

Last Updated: December 19, 2024

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Taxpayer’s Failure to Review Her Tax Return Contributed to Negligence, Tax Court of Canada Finds

In Lewis v The King, 2024 TCC 127, the Tax Court of Canada examined whether…

Published: December 19, 2024

Last Updated: December 19, 2024

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6 Strategies to Minimize Probate Fees in Your Estate Plan

The Probate Process Probate is the legal process through which a deceased person's will is…

Published: December 18, 2024

Last Updated: December 18, 2024

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Case Commentary: Fijal v. The King, 2024 TCC 116 – Why Proper Bookkeeping is the Best Protection for Businesses When They’re Reassessed by the CRA

In September 2024, the Tax Court of Canada delivered its judgment on Fijal v. The…

Published: December 11, 2024

Last Updated: December 11, 2024

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What Are a Taxpayer’s Rights During an Access to Information and Privacy (ATIP) Request for Their Own Tax Records? Canadian Tax Lawyer Explains

Introduction: An ATIP Request Helps Taxpayers to Obtain Government Records Concerning Their Tax Matters. An…

Published: November 28, 2024

Last Updated: November 28, 2024

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Year-End Tax Planning for Tax-Free Savings Accounts: Top TFSA Moves You Should Make Before the End of 2024

The 2024 taxation year is almost done, and it's time to take advantage of year-end…

Published: November 20, 2024

Last Updated: November 20, 2024

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Consequences of Failure to File Valid Business Limit Allocation Agreement with CRA and Missing Out on the Small Business Deduction

Introduction - The Business Limit Allocation Among Associated CCPCs A Canadian-controlled private corporation (CCPC) is…

Published: November 14, 2024

Last Updated: November 14, 2024

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Case Commentary: Onex Corporation v. Canada, 2024 FC 1247 –subsections 220(2.1) and 220(3) of the Income Tax Act Can Grant Relief from Tax Reassessment, Plus Filing Requirements

In August 2024, the Federal Court ("FC") delivered its judgment on Onex Corporation v. Canada,…

Published: November 6, 2024

Last Updated: November 6, 2024

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Beware CRA’s Ability to Share Information with Foreign Tax Authorities Using Tax Information-Exchange Provision In Bilateral Tax Treaties And Tax Information Exchange Agreements: A Canadian Tax Lawyer’s Primer

Introduction: CRA Has the Ability to Exchange Tax-related Information with Foreign Taxing Authorities, Subject to…

Published: November 5, 2024

Last Updated: November 5, 2024

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