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As provincial tax authorities seek new revenue streams to fund specific projects and help municipalities raise funds, consumers and businesses may feel more of a tax bite as new taxes...

Under Tax Court oversight, the results and economics shift; unsupported positions are exposed and no longer insulated from real scrutiny.

The Canada Revenue Agency has deferred enforcement of its controversial position on GST/HST treatment of mutual fund trailing commissions until January 1, 2028, following industry concerns about insufficient implementation time.

For taxpayers that have bought and sold homes, particularly if they work in construction or real estate, a CRA housing audit is undoubtedly around the corner

In Neville v National Foundation for Christian Leadership, the British Columbia Court of Appeal considered whether a failed tax receipt constitutes unjust enrichment.

Economic substance is an anti-abuse doctrine that analyzes suspect business transactions for a motive other than the obtaining of a tax advantage.

On May 27, 2024, the Tax Court of Canada (the "Tax Court") issued its decision in Entrepôt Frigorifique International Inc. v. His Majesty the King.

In a previous blog post, we discussed the high tax rates on Wine, Beer & Spirits products and the complex legal framework surrounding them.

On July 30, 2021, the Government of Canada proposed the following changes to its COVID-19 programs:

As Canada shifts toward a more sustainable future, project owners in the clean economy sector have a unique opportunity to capitalize on Investment Tax Credits (ITCs).

In Referred Realty Inc. (2018 FC 59), the Canada Revenue Agency's ("CRA") misguided approach to T2 re-appropriation was rejected by the Federal Court — for the third time in recent memory.

For tax purposes, the Canadian Revenue Agency requires businesses to complete all transactions at fair market value, but some businesses find themselves making special arrangements with family,

When implementing an estate freeze for a private corporation using a rollover provision of the Act, there is concern that the corporate attribution rule will apply.

The IRS has improved its programs that enable U.S. citizens living abroad to become compliant with their U.S. tax filing obligations.

The Internal Revenue Service (IRS) and U.S. Treasury Department have issued final regulations (T.D. 10037) (Final Regulations) under Section 4501 of the Code (the Excise Tax) that withdraw the previously proposed "funding rule."

Although loans between shareholders and their companies might be common, a recent Tax Court of Canada case shows that they can have hidden tax costs.

The prescribed rate for family income-splitting loans has been 1%, the lowest possible rate, since April 2009.