Ongoing Panama Papers Leak CRA Tax Audits

On January 16 and 17, 2017 CRA participated in a meeting of the Joint International…

Published: March 20, 2020

Last Updated: February 21, 2022

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Solicitor-client privilege for commonly interested parties

Solicitor-Client Privilege Bars the Canada Revenue Agency From Compelling Legal-Advice Documents When a Taxpayer Discloses…

Published: March 20, 2020

Last Updated: April 13, 2020

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Deliberately falsification of Canadian income tax return

If you deliberately falsify your Canadian income tax return, or are grossly negligent in preparing…

Published: March 20, 2020

Last Updated: February 21, 2022

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How to Fight CRA

Most tax returns, corporate or personal, are usually assessed as filed by the taxpayer. In…

Published: March 20, 2020

Last Updated: October 21, 2022

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A Canadian tax lawyer’s perspective on the functional currency election

Currency Reporting Requirements Section 261 of Income Tax Act generally requires amounts reported on Canadian…

Published: March 20, 2020

Last Updated: October 25, 2021

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Sentence and Fine for Tax Fraud

In the case of R. v Wang 2015 BCPC 302 the British Columbia Provincial Court…

Published: March 20, 2020

Last Updated: February 21, 2022

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Proposed Tax Amendments Announced for Income Splitting

The Department of Finance announced 3 changes to the Canadian Income Tax Act on Tue…

Published: March 20, 2020

Last Updated: April 13, 2020

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Concept Of De Facto Director

Concept of de facto director is of very limited application: The Tax Court of Canada…

Published: March 20, 2020

Last Updated: April 16, 2020

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Generally accepted accounting principles and the income tax act

The question about the use of generally accepted accounting principles (GAAP) in the determination of…

Published: March 20, 2020

Last Updated: September 28, 2020

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