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However, recent trends in the CRA's common practice have seen a general tightening of how the program is run.

When a taxpayer fails to comply with his obligations under the Income Tax Act or other taxation statutes that the Canada Revenue Agency administers, the CRA will often apply penalties such as late-filing penalty, ...

On January 15, 2016, Canada and Taiwan entered into an "Arrangement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income" (the "Arrangement").

TFSA's have now been around since 2009. If you have not made any contributions before, as of 2023 you can contribute a maximum of $88,000

On January 8, 2009, the Supreme Court of Canada released the highly anticipated decision of Lipson v. Canada (Lipson).

Four Tax Court judgements on cases involving income tax fraud as a result of false statements on Canadian tax returns were recently issued.

Effective April 1, 2026, Tax and Revenue Administration (TRA) will use online mail through TRA Client Self-Service (TRACS) as the default method to deliver correspondence related to...

The Canada Emergency Wage Subsidy (CEWS) program is by now well-known.

New proposals to expand the audit powers of the Canada Revenue Agency (CRA) under the Income Tax Act could significantly raise the risk that Canadian taxpayers...

The COVID-19 pandemic brought delays, backlogs, and closures across the Canada Revenue Agency (CRA) in 2020.

Due to the recent economic shock of the COVID-19 pandemic, many businesses are considering various options to weather the economic shock.

We have compiled the following summary of the resources and financial assistance that are presently available to Manitoba businesses and individuals...

On March 18, 2020, the Canadian government announced economic measures to help stabilize the Canadian economy in response to the COVID-19 pandemic.

In this article, we highlight joint tax elections companies should consider filing in asset purchase transactions in Canada.

As mentioned in the October 2024 Charity & NFP Law Update, the Department of Finance released a backgrounder titled Protecting reproductive freedom by preventing abuse of charitable status on October 29, 2024.

On December 7, 2015, the Minister of Finance, Bill Morneau, confirmed the intention of the Liberal Government to move ahead with their proposal to reduce the 22% personal income tax rate to 20.5% to strengthen the middle class.

A new T3 Trust Income Tax and Information Return ("T3") was released by the Canada Revenue Agency (CRA) in December 2023. The updated T3 reflects the expanded...