CRA can claim dividend from shareholder under section 160 ITA

If a corporation has unpaid corporate income taxes, and a dividend was paid, then the…

Published: March 5, 2020

Last Updated: April 17, 2020

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CRA Jeopardy or Collection Orders – Toronto Tax Lawyer Comment

If a taxpayer disagrees with an income tax assessment from the Canada Revenue Agency (“CRA”)…

Published: March 5, 2020

Last Updated: March 17, 2020

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Canadian Lawyers Don’t Have to Respond to CRA Demands For Records

Supreme Court of Canada Rules that Restriction on Solicitor-Client privilege in Income Tax Act Unconstitutional…

Published: March 5, 2020

Last Updated: October 25, 2021

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Canadian Transfer Pricing Documentation Required

In most, if not all, cases transfer pricing documentation prepared for the requirements in other…

Published: March 5, 2020

Last Updated: April 10, 2020

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CRA Third Party Demand

CRA (the Canadian income tax department) has the right to serve third party demands, without…

Published: March 5, 2020

Last Updated: April 17, 2020

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Taxation of Free or Subsidized Travel Benefits for personal benefit of an employee or shareholder

If your company owns or leases an aircraft for business purposes and it makes a…

Published: March 5, 2020

Last Updated: March 17, 2020

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Draws from corporation – salary or dividends

You can withdraw income from your corporation in one of 2 ways. You can take…

Published: March 5, 2020

Last Updated: April 10, 2020

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Canadian Tax Lawyer, Tax Lawyer, Cra Tax Lien Lawyer,RRSP when turn 71, RRIF, annuity

If you turn 71 this year you’ll have to decide what to do with your…

Published: March 5, 2020

Last Updated: March 17, 2020

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Have Foreign Source Income?

Canada has entered into an extensive series of Income Tax Treaties designed to prevent double…

Published: March 5, 2020

Last Updated: April 17, 2020

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