The Canada Revenue Agency (CRA) has access to an arsenal of legal tools to ensure it can collect income tax and GST/HST from taxpayers.

Members of the clergy can leverage their housing to reduce their taxes by claiming the Clergy Residence Deduction pursuant to paragraph 8(1)(c) of the Income Tax Act.

Fiera Foods Company, started in 1987, has been in the business of producing frozen bakery products for retailers in Canada and the United States.

The taxpayer operated a personal care home in Newfoundland and Labrador and leased the building from an affiliated company. Beginning in March 2019, it paid rent to the affiliate, and the rent included GST/HST.

Section 85 of the Federal Income Tax Act, also known as a rollover provision, outlines the conditions required for a tax-deferred transfer of eligible property by a taxpayer to a taxable Canadian corporation.

Taxpayers, particularly those with valuable inventory or capital assets, can be crippled through the actions of opportunistic thievesand fraudsters.

Under Canadian tax law, corporations are able to issue dividends to certain other Canadian corporations on a tax free basis.

RDTOH isn't simple and isn't for everybody. In fact, the dividend refund provisions in subsection 129(1) of the Income Tax Act (the "Act") only apply to a "private corporation".

Upon receiving a Notice of Assessment or Reassessment, and disagreeing with its contents, a taxpayer may choose to file a formal dispute with the Canada Revenue Agency by filing a written Notice of Objection.

Bill C-208, An Act to amend the Income Tax Act (transfer of small business or family farm or fishing corporation), received royal assent and became law in Canada on June 22, 2021.

Canada's various taxing statutes provide detailed administrative procedures for disputing reassessments including most importantly income taxes and GST/HST.

A taxable benefit occurs anytime a taxpayer receives a monetarily measurable economic advantage or benefit.

The civil penalties for tax planners and tax preparers were introduced in the 2000 budget in order to deter those who promote tax shelters.

The U.S. recently enacted the One Big Beautiful Bill (OBBB), a major tax reform affecting individuals and corporations. While primarily U.S.-focused, the legislation has important consequences for Canadians with U.S. income, investments, or business operations.

For Canadian tax planners and trust beneficiaries, the “21-year rule” is a critical milestone.

In recent years, the Canada Revenue Agency (the "CRA") has become more critical of real estate transactions claiming tax non-compliance has contributed to increasing housing prices.

The Canada Revenue Agency has been granted extensive powers under the Canadian Income Tax act to help them collect tax arrears.

If you sell goods or provide services in Canada, you likely need to register for and charge customers the Goods and Services Tax or the Harmonized Sales Tax, unless your business has a low sales volume or qualifies for an exception.

For Canadian tax planners and business owners, utilizing inter vivos trusts to flow income through from corporations to beneficiaries is a common strategy for tax deferral and to multiply access to the lifetime capital gains exemption.

SECURE 2.0 strengthens the U.S. retirement system by expanding contribution opportunities, increasing flexibility for savers, and imposing new compliance obligations.