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  • Article

    Controlling CRA Exposure: Pre-Audit To Audit (Overview)

    Private businesses - those with annual revenues typically ranging from $10 million to $250 million - form the backbone of Canada's private sector, contributing significantly to economic growth.
    CanadaTax
    Counter Tax Litigators LLP
    Counter Tax Litigators LLP
  • Article

    CRA Compelling Disclosure vs Anonymous Taxpayers Affirmed By Court

    Under section 231.2 of the Income Tax Act, the CRA has broad powers to compel third parties to disclose information related to Canadian taxpayers when carrying out enforcement of the Income Tax Act.
    CanadaTax
    Rotfleisch & Samulovitch P.C.
    Rotfleisch & Samulovitch P.C.
Article

Do I Have To Submit To An Oral Interview During A Tax Audit? Canadian Tax Lawyer Explains CRA's Policy

Starting from December 15, 2022, the Canada Revenue Agency (CRA) can compel taxpayers or any persons to attend oral interviews.
CanadaTax
Rotfleisch & Samulovitch P.C.
Rotfleisch & Samulovitch P.C.
  • Article

    Enhanced Documentation Requirements For Research And Development Tax Credits In

    CanadaAccounting and Audit
    PwC Management Services LP
    PwC Management Services LP
  • Article

    Court Of Appeal Confirms Accounting Firms May Take On Multiple Mandates For The Same Company

    The Newfoundland and Labrador Court of Appeal recently confirmed that accounting/auditing firms may take on several mandates...
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Stewart McKelvey
    Stewart McKelvey
  • Article

    Alberta Court Of Queen's Bench Has Interpreted Prior Net Cumulative Balance Provisions Of The Oil Sands Royalty Regulation In Fort Hills Energy Corporation v Alberta (Minister Of Energy), 2018 ABQB 905

    In Fort Hills Energy Corporation v Alberta, 2018 ABQB 905, the Alberta Court of Queen's Bench reviewed Alberta Energy decision which rejected Fort Hills Energy Corporation's PNCB claim of approximately $1.9 billion...
    CanadaEnergy and Natural Resources
    Borden Ladner Gervais LLP
    Borden Ladner Gervais LLP
  • Article

    Independence of Directors Under Canadian Securities Law

    Canadian securities regulators have amended Multilateral Instrument 52-110, <I>Audit Committees</I>, which contains the tests for determining whether directors are independent.
    CanadaFinance and Banking
    Torys
    Torys
  • Article

    The Canada Revenue Agency's Expanded Audit Powers: What Taxpayers Need To Know

    The Canada Revenue Agency (CRA) recently made headlines when it asked Shopify for six years' worth of records for more than 120,000 of its Canadian customers.
    CanadaTax
    Dentons Canada LLP
    Dentons Canada LLP
  • Article

    When The CRA Comes Knocking: Ten Practical Guidelines To Help You Prepare

    All businesses should prepare for the possibility of a search warrant being executed at their premises by the police or a regulatory authority. One area in particular that ought to be a cause for concern...
    CanadaTax
    Gowling WLG
    Gowling WLG
  • Article

    Shareholders Have An Absolute Right To An Auditor And To Audited Financial Statements

    The B.C. Court of Appeal ruled that companies incorporated under the Canada Business Corporations Act must, by operation of law, appoint an auditor.
    CanadaCorporate/Commercial Law
    Bennett Jones LLP
    Bennett Jones LLP
  • Article

    Indirect Tax Audit Methods: Toronto Tax Lawyer Guide

    Canada's income tax system is designed around every taxpayer, individual, corporation or trust, filing an annual return which reports all of the income that taxpayer earned during the year.
    CanadaTax
    Rotfleisch & Samulovitch P.C.
    Rotfleisch & Samulovitch P.C.
  • Article

    CRA's Agreement With Coinsquare In Disclosing Crypto User Information

    On September 18, 2020, the CRA filed a Federal Court application against Coinsquare in order to compell the Toronto-based cryptocurrency platform to disclose tax information related to its customers.
    CanadaTax
    Rotfleisch & Samulovitch P.C.
    Rotfleisch & Samulovitch P.C.
  • Article

    When Can A Canadian Taxpayer Seek Punitive Damage From The CRA? – A Toronto Tax Lawyer's Analysis Of Ludmer Et Al. V Attorney General Of Canada

    The Income Tax Act grants the CRA a broad range of powers and discretions when conducting tax audits of Canadian taxpayers.
    CanadaTax
    Rotfleisch & Samulovitch P.C.
    Rotfleisch & Samulovitch P.C.
  • Article

    CRA Review By The Auditor General Of Canada Expert Canadian Tax Lawyers Commentary

    The CRA could not set consistent expected times with respect to settlements of tax objections.
    CanadaTax
    Rotfleisch & Samulovitch P.C.
    Rotfleisch & Samulovitch P.C.
  • Article

    Blowing Smoke: The Importance Of Third Party Assurance Under Alberta's Technology Innovation And Emissions Reduction Regulation System

    The independence and integrity of third party assurance and verification under TIER is at the core of a transparent, reliable and functional carbon pricing and emissions trading system.
    CanadaEnergy and Natural Resources
    Dentons Canada LLP
    Dentons Canada LLP
  • Article

    Overlooked? Canada's New Supply Chain Transparency Law Expands Import Ban On Forced And Child Labour

    After numerous false starts, Canada's Parliament on May 3, passed a human rights and supply chain transparency law, formerly Bill S-211, the Fighting Against Forced Labour and Child Labour...
    CanadaInternational Law
    Borden Ladner Gervais LLP
    Borden Ladner Gervais LLP
  • Article

    The Supreme Court Of Canada Confirms The Primacy Of The Professional Secrecy Of Lawyers And Notaries Over Government Audits

    The case involved the sending by the Minister of National Revenue of requirements to notaries to provide documents or information concerning their clients to the Minister for tax collection or audit purposes.
    CanadaLitigation, Mediation & Arbitration
    Langlois Avocats
    Langlois Avocats
  • Article

    CRA's Expanding Use Of Administrative Tax Penalties (2020–2025): What Canadian Taxpayers Need To Know Now

    From 2020 to 2025, the Canada Revenue Agency (CRA) has significantly increased the use of administrative penalties as a core enforcement tool.
    CanadaTax
    Rotfleisch & Samulovitch P.C.
    Rotfleisch & Samulovitch P.C.
  • Article

    Mid-Market CFOs: Managing CRA Audit Risk Strategies

    Mid-market companies - those with annual revenues typically ranging from $10 million to $250 million - form the backbone of Canada's private sector...
    CanadaTax
    Counter Tax Litigators LLP
    Counter Tax Litigators LLP
  • Article

    When CRA And Revenu Québec Tax Audits Turn Into Criminal Investigations: Insights From Gravel V. Agence Du Revenu Du Québec

    Canadian taxpayers, especially entrepreneurs, real estate investors, high-net-worth professionals, and crypto traders, must understand that a CRA tax audit or a Revenu Québec tax audit may evolve into a criminal investigation.
    CanadaTax
    Rotfleisch & Samulovitch P.C.
    Rotfleisch & Samulovitch P.C.
  • Showing 381–400 of 617 results

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