Canada Revenue Agency Ramps Up Indirect Income Verification Audits on Small and Medium Businesses – A Canadian Tax Lawyer’s Guide

Introduction – The CRA Targets Small and Medium Enterprises with Aggressive Indirect Income Verification Audit…

Published: April 20, 2020

Last Updated: October 25, 2021

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Employee Stock Options: Tax Implications for Canadian Employees – A Canadian Tax Lawyer’s Analysis

Introduction – Employee Stock Options Canada Some businesses, especially high-tech start-ups, and more recently marijuana…

Published: April 20, 2020

Last Updated: October 21, 2022

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A Canadian Tax Lawyer’s Perspective on Tax Clearance Certificates

When a person passes away, he or she may leave behind unpaid tax debts. The…

Published: April 20, 2020

Last Updated: October 21, 2022

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Cra To Accept Rectification

CRA to accept rectification, where the purpose of the order is to put into effect…

Published: April 17, 2020

Last Updated: May 4, 2021

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CRA Warning about Gifting

CRA warning about participating in “gifting trust arrangements” and “leveraged cash donation” tax shelter plans…

Published: April 17, 2020

Last Updated: May 28, 2020

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SCC Update on Tax Rectification – Part 3

Canada (Attorney General) v. Fairmont Hotels Inc. – SCC Update on Rectification – Canadian Tax…

Published: April 17, 2020

Last Updated: October 1, 2021

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SCC Update on Tax Rectification – Part 2

Canada (Attorney General) v. Fairmont Hotels Inc. – SCC Update on Tax Rectification – Toronto…

Published: April 17, 2020

Last Updated: October 1, 2021

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CONTACT NOW Allowable Business Investment Loss (ABIL)

An allowable business investment loss (ABIL) may be claimed as a Canadian income tax deduction…

Published: April 17, 2020

Last Updated: May 21, 2020

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Loss On Small Business

Loss on investment in small business corporation Money lost investing in a small business corporation…

Published: April 17, 2020

Last Updated: November 13, 2020

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