Tax Court of Canada says cannot late file Notice of Objection because Accountant busy

The decision of the Tax Court of Canada in the case of Carrier v The…

Published: March 17, 2020

Last Updated: April 13, 2020

Read More

Payment Of a Bonus

Payment of a bonus from a corporation is subject to source deductions. If the corporation…

Published: March 17, 2020

Last Updated: April 13, 2020

Read More

New T1135 Offshore Asset Form

The T1135 specified foreign property form was recently changed to allow a simplified reporting method…

Published: March 17, 2020

Last Updated: April 13, 2020

Read More

Employers are allowed to give two non-cash gifts a year to employees

The income tax department (CRA)’s policy is that employers are allowed to give two non-cash…

Published: March 17, 2020

Last Updated: April 16, 2020

Read More

Winning a CRA Tax Audit

6 Expert Secrets to Winning a CRA Tax Audit Every successful, or unsuccessful, owner of…

Published: March 17, 2020

Last Updated: October 21, 2022

Read More

Proposed Tax Changes Attack Small Business

Changes to the Canadian Income Tax Act announced in the middle of the summer have…

Published: March 17, 2020

Last Updated: April 13, 2020

Read More

Non Taxable Windfall

Canada’s income tax system is premised on the “source doctrine”. This means that for income…

Published: March 17, 2020

Last Updated: April 16, 2020

Read More

Interest Expense Deduction

In Gifford v The Queen 2004 SCC 15 the Supreme Court of Canada ruled that…

Published: March 17, 2020

Last Updated: April 16, 2020

Read More

Capital Cost Allowance

If you acquire a depreciable asset for business purposes you can claim tax depreciation, called…

Published: March 17, 2020

Last Updated: April 17, 2020

Read More