New Canada Revenue Agency (CRA) policy on Taxable Benefits regarding gifts, awards, social events, parking, etc.: A Tax Alert by an Expert Canadian Tax Lawyer

A brief introduction to the new taxable benefit policies of CRA brought in force due…

Published: January 30, 2023

Last Updated: January 30, 2023

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Scholarship, Bursaries and Fellowships Taxation: Guidance From a Canadian Tax Lawyer

Scholarships and bursaries received toward elementary or secondary school educational programs are generally not taxable…

Published: January 16, 2023

Last Updated: January 16, 2023

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Another Historical Development in Claiming Negligence Against the CRA: Myers v Canada (Attorney General), 2022 BCCA 160

The entitlement of Canadian taxpayers to hold the Canada Revenue Agency (“CRA”) liable for egregious…

Published: December 28, 2022

Last Updated: December 28, 2022

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Using Promissory Notes to Distribute Trust Income to Beneficiaries: A Canadian Tax Lawyer’s Analysis

Introduction – Taxation of Trusts and Trust Distributions in Canada The trust is a legal…

Published: December 23, 2022

Last Updated: December 23, 2022

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Singh v. Canada: A Canadian Tax Lawyer’s Observations on TFSA Penalties

Introduction – Tax Penalty and Interest Relief for Overcontributions to a TFSA As of 2009,…

Published: December 15, 2022

Last Updated: December 15, 2022

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The Tax Liability for DAO Profits and Token Disposition: A Canadian Crypto Tax Lawyer Guide

What to Know About “DAO”? - An Introduction In its most basic meaning, a decentralized…

Published: December 9, 2022

Last Updated: December 9, 2022

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Richard T Mccullough v His Majesty the King: The Tax Court of Canada allows taxpayer’s travel expenses of getting to work denied by the CRA

CRA denied taxpayer’s deduction claim on travel expenses Under section 8 of the Income Tax…

Published: December 9, 2022

Last Updated: December 9, 2022

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Tax Planning to Reduce the Effects of the FTX Collapse: Advice from a Canadian Tax Lawyer

Introduction: Significant Cryptocurrency Crash Impacts Investors Globally On Friday, November 11, 2022, the cryptocurrency derivatives…

Published: December 9, 2022

Last Updated: December 9, 2022

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