This article provides an introduction to the Foreign Account Tax Compliance Act for Canadians and analyzes Canada’s implementing legislation regarding FATCA.

We here at Moodys Gartner are caught up in the Olympic fever, but like always we are thinking about tax!

One of the many goals of US tax reform implemented by the Tax Cuts and Jobs Act of 2017 ("The Act") was to incentivize large multi-national enterprises that were perceived to be storing profits

Our firm has long believed that accountants and lawyers should work together in the delivery of tax services. Both professions bring different skill sets and perspectives to the table when crafting client solutions.

Canadians know that their proximity to the US presents both risk and opportunity.

This paper provides analysis of one of the foundational elements of the Foreign Account Tax Compliance Act (FATCA) and various intergovernmental agreements (IGAs)...

US citizens living outside the United States will need to become even more vigilant about filing US taxes and having a US Social Security number starting Jan. 1, 2016.

Do you Tweet, IG, or PIN? If so, this blog is for you since recently implemented policies at US Consulates and ports-of-entry impact the disclosure of social media handles and deal

On Dec. 9, 2015, the Canada Revenue Agency (CRA) released a new version of prescribed Form T1135 for taxpayers who own specified foreign property.

In this episode of TaxBreaks, Kenneth Keung and Kim GC Moody provide their predictions on what might be included – or not – in the 2023 Canadian Federal Budget...

Growing up in Alberta, my parents taught me a golden rule – never talk about politics in a social setting.

On August 12, 2015, the Tax Court of Canada ("TCC") released its judgment in C.J. McCarty Inc. v The Queen.

Earlier this week, the CRA released the revised Foreign Income Verification Form as had previously been announced by the Federal government in their 2013 Budget.

Our firm has long believed that accountants and lawyers should work together in the delivery of tax services. Both professions bring different skill sets and perspectives to the table when crafting client solutions.

The focus of this article is to examine the entitlement of a client of a law firm that employs accountants to assist its lawyers in the provision of legal advice...

If you or your business were unable to meet some of your tax obligations due to the recent flooding, relief from the Canada Revenue Agency may be available.

The recent announcement by Ministers Shea and Kenney yesterday in a press release is much welcomed by Albertans as the Province has been hit by the worst flooding in its recent history.

It has been more than half a year since the Department of Finance announced proposed amendments to the small business deduction (SBD) rules in section 125 of the Income Tax Act (Act) as part of the 2016 Federal Budget.

For taxpayers with unfiled returns, outstanding tax debts, or other non-compliance issues the scam may appear more real.

During the Canada Revenue Agency (CRA) roundtable at the International Fiscal Association (IFA) conference in Toronto earlier this week, the CRA announced "administrative grandfathering" for...