Special Income Tax Rules In Canada Series Part III: Other Situations Exempt From Income Tax – Some Employment-Income, Strike Pay For Union Workers, And Employment Income From An Employer On A Reserve

Introduction: Tax Treatment of Employment-Related Settlements and Monetary Awards, Strike Pay for Union Workers, And…

Published: January 28, 2025

Last Updated: January 28, 2025

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Canadian Businesses Will Receive all their Mail From the Canada Revenue Agency (CRA) via the Online Portal Starting in Spring 2025: How Canadian Taxpayers and Businesses Need to Prepare

Key Points About This Change Starting in spring 2025, the Canada Revenue Agency (CRA) will…

Published: January 27, 2025

Last Updated: January 27, 2025

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How the FBI went Fishing with NexFundAI, a Crypto Currency, and Caught “Pump-and-Dump” Market Maker Schemers

The FBI developed a cryptocurrency called NexFundAI as part of an investigation into price manipulation…

Published: January 20, 2025

Last Updated: January 20, 2025

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Special Income Tax Rules in Canada Series: Part II – Non-Taxable Income of Prescribed International Organizations, NGOs, and Foreign Embassy Employees in Canada

Introduction: Taxability of Employment Income Earned in Canada The Canadian Income Tax Act defines income…

Published: January 16, 2025

Last Updated: January 16, 2025

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A Canadian Tax Lawyer’s Review of Special Income Tax Rules In Canada Series: Part I: Taxable Income and Tax Relief for Canadian Armed Forces Members And Veterans

Introduction: General Rules of Canadian Income Tax – Residence, Source, Obligations to Report, and Taxability…

Published: January 9, 2025

Last Updated: January 9, 2025

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FINTRAC and CRA Team Up to Combat Money Laundering the Proceeds of Tax Evasion Using Real Estate

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Canada Revenue Agency…

Published: January 8, 2025

Last Updated: January 8, 2025

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Top 24 Year-end Tax Tips for 2024 from a Canadian Tax Lawyer

Tax planning is an ongoing, not a set-and-forget, exercise. As the year is drawing to…

Published: December 27, 2024

Last Updated: December 27, 2024

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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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