ArticleCRA Payments At Canada PostCRA has introduced a new payment option for taxpayers owing taxes. Payments can now be made at any Canada Post outlet. CanadaTaxRotfleisch & Samulovitch P.C.
ArticleCRA Released The Latest Tax Evasion Prosecution StatisticsCRA released the latest tax evasion prosecution stats for April 1, 2016 through March 31, 2017 on September 7, 2017. CanadaTaxRotfleisch & Samulovitch P.C.
ArticleCRA Tax Audit Data AnalysisCRA is extending the scope of its tax audit techniques by entering the field of data analysis. CanadaTaxRotfleisch & Samulovitch P.C.
ArticleCRA Update To CRA Tax Collections Information Circular IC98-1R6CRA updated its tax collections information for taxpayers, IC98-1R6, which is the sixth revision of this Information Circular. The changes reflect the new rules for interest relief...CanadaTaxRotfleisch & Samulovitch P.C.
ArticleCRA With Faye - Should I Be Bullish Or Bearish With CRA?This question arises in the context of litigation and negotiation generally but dealing with CRA can be a different animal. CRA auditors have the authority to require taxpayers...CanadaTaxRobins Appleby LLP
ArticleCrowdfunding Proceeds May Be TaxableCrowdfunding has been defined as "the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet". CanadaTaxCassels
ArticleCryptocurrency Taxation: How To File Cryptocurrency Use?Cryptocurrency taxation is front of mind for many Canadian investors.CanadaTaxKPK Law LLP
ArticleDeduction Of Legal Fees In Family LitigationThe rules for tax deductions in family litigation are complex and depend on exact nature of the family law litigation.CanadaTaxRotfleisch & Samulovitch P.C.
ArticleDelayed Implementation Of New Stock Option RulesIn Canada's 2019 Federal Budget, the Government announced its intent to limit the use of the current employee stock option tax regime that results ...CanadaTaxAird & Berlis LLP
ArticleEU Orders Apple To Repay 14 Billion Euros Of TaxesCorporations with multi national operations routinely undertake international tax planning to try to reduce their overall tax burden.CanadaTaxRotfleisch & Samulovitch P.C.
ArticleFederal Government Imposes New Digital Services TaxOn April 19, 2021, Deputy Prime Minister and Finance Minister Chrystia Freeland tabled in the House of Commons the Liberal Government's first federal budget in more than two years, A Recovery Plan for...CanadaTaxMcCarthy Tétrault
ArticleFirst-Year Resident T1135 Information Return ExemptionIndividual Canadian immigrants are exempt from the requirements to file a T1135 information return for the year in which they first become Residents of Canada. CanadaTaxRotfleisch & Samulovitch P.C.
ArticleGST/HST And QST Registrants: December 31 Is The Filing Deadline For Pre-2015 Related Party ElectionsAn important deadline is approaching for GST/HST and QST registrants that are party to a joint election under section 156 of the Excise Tax Act (Canada) or to the equivalent election under the Act respecting the Québec sales tax.CanadaTaxStikeman Elliott LLP
ArticleGST/HST Refund To Non-Residents On Eligible Tourist PackagesThe Foreign Convention and Tour Incentive Program (FCTIP) offers a GST/HST refund to non-residents on eligible tourist packages. CanadaTaxRotfleisch & Samulovitch P.C.
ArticleGST/HST Refunds Will Be AuditedIf you submit a GST/HST that claims a refund because you exported your purchases or incurred a loss so that your input tax credits exceeded you GST/HST tax liability, your GST/HST tax return...CanadaTaxRotfleisch & Samulovitch P.C.
ArticleHome Buyer's Tax CreditYou can claim an amount of $5,000 for a qualifying home purchase acquired in 2015, if you or your spouse or common-law partner acquired a qualifying home...CanadaTaxRotfleisch & Samulovitch P.C.
ArticleIncome Tax Evasion ConvictionThe Canada Revenue Agency says a prominent Ottawa lobbyist and federal Liberal party strategist has been sentenced to house arrest and fined $396,259 for income tax evasion.CanadaTaxRotfleisch & Samulovitch P.C.
ArticleIncreased CRA Tax Audits Of Real Estate TransactionsThe Canada Revenue Agency has recently been actively monitoring and tax auditing real estate transactions in British Columbia, as it has been previously doing in the GTA (Toronto area).CanadaTaxRotfleisch & Samulovitch P.C.
ArticleInformation Circulars IC00-1R5 Voluntary Disclosures Program And IC07-1 Taxpayer Relief Provisions Updated For Bozzer DecisionAfter a delay of almost 5 years CRA has announced it's implementation of the Federal Court of Appeal decision in Bozzer v. Canada (2011 FCA 186). CanadaTaxRotfleisch & Samulovitch P.C.
ArticleLatest Tax Evasion Prosecution Statistics From CRAThe Canada federal prosecution service, which prosecutes tax evasion cases in court has released statistics on the number of tax evasion prosecutions brought to court. CanadaTaxRotfleisch & Samulovitch P.C.