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In the recent Tax Court of Canada case of The Standard Life Assurance Company of Canada v The Queen, CRA was awarded court costs of almost $475,000 after being successful against the taxpayer in the Tax Court following the rejection by the taxpayer of an offer to settle.

Disclaimer:

"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."

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