The Income Tax Act and case law allow for various deductions for employees and businesses. Many of these deductions relate to costs incurred to produce income.

The British Columbia Supreme Court decision in Lewis v. WestJet Airlines Ltd. (2025 BCSC 1565) clarifies the circumstances under which accountants' work may be protected by legal privilege.

Mossack Fonseca, the law firm involved in the Panama Papers scandal, was closed, but the scandal's impact on the legal profession endures.

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

On June 29, 2021, Bill C-30, Budget Implementation Act, 2021, No.1, received royal assent.

Under the current rules, non-resident vendors register and remit Canadian VAT known as Goods and Services Tax, Provincial Sales Tax, Québec Sales Tax or Harmonized Sales Tax where the non-resident vendor carries on business in Canada.

As Canadian tax lawyers, although we have a very distinct and specific tax law knowledge, developed over years of specialized income tax practice, clients are sometimes surprised to learn that we have at least a general knowledge of other areas of law.

Over the past decade, Jamaica has built a multi-layered financial protection system to manage natural disasters. This strategy is now being tested after Hurricane Melissa devastated the island, causing widespread destruction to homes, roads, and infrastructure.

Generally, Canadian tax residents pay tax on worldwide sources of income. By contrast, non-residents of Canada are only liable to pay tax on income or gains from Canadian sources.

Canadian law allows for businesses to take many different legal forms.

In Goldhar v The King, the CRA reassessed Mr. David Goldhar's 2008 to 2011 tax returns beyond the normal reassessment period by including unreported shareholder benefits and imposing gross negligence and foreign reporting penalties.

This is Part II of the series, taking a closer look at the Voluntary Disclosure Program available in Canada.

There has been a whirlwind of activity with respect to tax legislation during the Honourable Bill Morneau's stint as Canada's Minister of Finance.

In August 2024, the Supreme Court of Canada (SCC) denied the application for leave to appeal to the SCC by the appellant taxpayer Vito Norejko.

The Organisation for Economic Co-operation and Development ("OECD") is due to release a recommended policy framework for cryptocurrency reporting standards in the upcoming months.

Starting a new business requires a lot of good planning. Not the least of which is good tax planning. But good tax planning is not simply about minimizing your tax related costs.

On January 5, 2026, the global culinary world watched wide-eyed as Kiyoshi Kimura, the celebrated "Tuna King" and owner of the Sushi Zanmai chain, placed a historic winning bid at Tokyo's Toyosu Market.

The Canada Revenue Agency (CRA) has identified that cryptocurrency such as Bitcoin, Ethereum, Solona, and Ripple (XRP) are taxable assets.

Congress's recent tax bill not only reshapes the landscape for individuals but also introduces sweeping changes for businesses. For corporations, the legislation reflects a balance between promoting domestic investment and tightening compliance on cross-border transactions.

Under the Canadian Tax Act, when a taxpayer is assessed or reassessed, the time periods for putting the amounts into dispute are very short.