Frequently we have clients who want to move their existing business venture from one company to another.

In the case of Randhawa, 2014 Carswell Alta 1291 (Alta. Prov. Ct), the taxpayer did not report gains on sales of agricultural land because he bought replacement land and thought the replacement property deferral applied.

Our 2016 Tax Rate Cards are now available for download. If you have any questions regarding the rates, contact your local Crowe MacKay tax specialist.

The Aird & Berlis Tax Litigation Team is proud to introduce the Tax Litigation Video Series. In this series, our lawyers cover the most pertinent topics impacting Canadian taxation.

What are tracing claims? What should you do if you receive a Section 160/325 assessment from the CRA? Josh Kumar kicks off the Tax Litigation Video Series with important information about tracing claims in the context of tax debt.

Knowing whether or not the Tax on Split Income rules apply to your situation can be difficult. We've created a simplified flow chart to help you navigate the various factors that may affect...

The Federal Government has backtracked on its plan to delay the application of Bill C-208, a private member's bill aimed at facilitating intergenerational transfers of small businesses and farms.

If all other tax appeal recourses have been exhausted, taxpayers faced with wrong tax assessments or large tax balances owing that consist largely of penalties and interest, have one last chance procedure available...

Canadian-controlled private corporations that carry on an active business in Canada are taxable at special low rates.

Some income tax planning is possible for an RRSP by designating a spouse as the RRSP beneficiary in the RRSP account, not a will effectively rolling the RRPS to the spouse.

While merely holding bitcoin, dash, or other cryptocurrency does not give rise to tax, the sale will result in a capital gain or full income inclusion.

In this episode of TaxBreaks, Kenneth Keung and Kim GC Moody take it back to basic principles for owner-managers of private corporations regarding how they should pay themselves.

The Canada Revenue Agency has finally released the long-awaited Non-Profit Organization Risk Identification Project Report.

On October 2, 2015, the U.S. Internal Revenue Service (IRS) announced the exchange of financial account information with certain foreign tax administrations in compliance with their obligations...

This week, François-Philippe Champagne was sworn in as Minister of Finance and Minister of National Revenue as part of a cabinet "built to deliver the change Canadians want and deserve."

In previous articles discussing the Budget 2012 foreign affiliate "dumping" and shareholders loan rules (see, for example, Budget 2012 Legislation – More Revisions to Foreign Affiliate "Dumping" and Shareholders Loan Rules in our November 16, 2012 issue), we discussed the interest imputation rules for pertinent loan or indebtedness (PLOI) to non-residents. I

While CRA has not responded to any of the submissions about the proposed changes to the voluntary disclosure program we are advised by CRA employees that their systems are being updated...

Zero rated supplies are defined in the Excise Tax Act and include prescription drugs, medical assistive devices, feminine hygiene products, basic groceries, agriculture and fishing, exports, transportation services and financial services.

In December 2015, the Federal Government announced that it would increase the personal income tax rate for top earners in Canada...

With the passage of the CNCA into law and the pending introduction of the ONCA, many organizations have been revisiting their charitable purposes as part of the continuance process.