In the recent case of Scott v Queen 2020 TCC 4, the Tax Court of Canada released yet another decision regarding section 160 of the Income Tax Act.

It should come as no surprise to anyone who has ever regularly dealt with the Canadian Revenue Agency ("CRA") that the CRA isn't always right when it comes to tax Law

QuadrigaCX, Canada's largest cryptocurrency exchange, lost its founder and chief executive Gerald Cotton on December 9, 2018.

In the 2018 Federal Budget released by the Canadian Department of Finance of February 27, 2018, new trust reporting requirements are designed to provide the CRA more information...

The CRA has general powers to require persons to provide information related to a tax audit however these general powers are limited, such that, the CRA cannot require persons to provide third party documents without judicial authorization.

Subparagraph 165(1)(a)(ii) of the Tax Act only requires, in essence, that a CRA notice of assessment be sent.

Part III of this Toronto tax lawyer tax rectification article discusses the Supreme Court of Canada's decision and its tax planning implications.

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

When non-Canadian residents decide to start a corporation in Canada to operate a business, an important typical question is how to fund that business.

The Federal Income Tax Act ("Tax Act") outlines the sources of income that are taxable, including income from office, employment, business, and property.

Part I of this article provided background on the doctrine of rectification and how it is used in the Canadian tax context.

The Registered Retirement Savings Plans (RRSP) offer Canadians a great opportunity to defer tax in their retirement savings.

What constitutes SRED under the Income Tax Act, s. 248(1), will depend significantly on not only the possibility of scientific advancement, but also whether the process involved to reach the advancement involved scientific hypothesis ...

As described in CRA publication T4041(E) Rev.20, an RCA is a plan or an arrangement under which an employer, former employer, and in some cases an employee makes contributions to a person or partnership, ...

The GST/HST is a tax that applies to most supplies (sales) of goods and services made in Canada.

A tax fishing expedition is where CRA goes to a third party to obtain general third party information that may aid them in auditing taxpayers rather than the subject of the information order.

In our previous article we discussed the definition of business and analysed the tests for, and the consequences of, carrying on business in Canada.

The ghouls and ghosts of Halloween do not stop the haunting of taxation issues. Our experienced Canadian tax lawyers have chosen a few Halloween related facts and stories to delight or scare this Halloween season.

Partners in partnerships face different tax rules depending on the nature and amount of their involvement in the partnership.

Yorkwest Plumbing Supply Inc., a Canadian-controlled private corporation that supplies plumbing equipment to contractors, decided to switch its inventory tracking system from a periodic system to a more modern perpetual system ...