The use of a company automobile has strict limits on deductible amounts and income inclusions. These rates are updated on an annual basis. The 2017 automobile rates have now been released by CRA.

The Canada Revenue Agency has released information about the 2006 T1 tax return filing season.

Often it will be necessary for an entrepreneur to personally guarantee the obligations of a private corporation.

Often it will be necessary for an entrepreneur to personally guarantee the obligations of a private corporation.

Canadian tax lawyer and chartered accountant David J Rotfleisch today released the third edition of "Canadian Tax Facts".

Over his career, the entrepreneur started several businesses some of which failed and some of which succeeded.

Following the enactment of Bill 245, significant changes to the Ontario's Succession Law Reform Act (SLRA) came into force on January 1, 2022.

The taxation of real estate in BC, and specifically unreported income, has become a high profile issue as a result of several different stories published in the media.

CRA has provided the latest statistics about the tax amnesty or voluntary disclosure program (VDP) for the previous fiscal year.

William Mori of Niagara-on-the-Lake, Ontario, was convicted of tax evasion for participating in the discredited Paradigm tax evasion scheme and was sentenced to four months in jail for and a fine...

The owner and operator of Fiscal Arbitrators, Lawrence Watts of Markham, Ontario was sentenced in the Newmarket Ontario Superior Court of Justice to six years imprisonment plus a fine of $149,129.

As we will explain, it is very important to seek proper advice and assistance from an experienced Canadian tax lawyer prior to granting a power of attorney.

A recent Federal Court decision, David Jacob Rotfleisch v. Attorney General of Canada, 2025 FC 1529, reminds taxpayers that a lengthy delay by the Canada Revenue Agency in resolving an objection, especially when a test case is pending, ...

Corporations incorporated under the Ontario Business Corporations Act (the "OBCA") will have additional record keeping requirements regarding real property as of December 10, 2016.

CRA has conducted a tax audit of Uber in Canada and has asked for access to Uber's books and records. They did the same thing with Ebay a few years ago, and audited Ebay power sellers.

In Canada (National Revenue) v Atlas Tube Canada ULC, the Federal Court held that Canada Revenue Agency could compel a private corporation to disclose its draft tax due diligence report during the course of an ongoing audit.

For resident Canadian taxpayers that hold Swiss bank accounts which have not been reported to the Canada Revenue Agency ("CRA"), the window to come clean with Revenue Canada by filing a Voluntary Disclosure...

In part I of this article, our Toronto tax law firm discussed the CRA's discretionary powers to waive or cancel all or part of the interests and penalties owed by a taxpayer.

The tax protesters were arrested and then released on a promise to appear and with court imposed bail conditions.

Call our experienced Toronto tax firm and ask how we can help you use the Tax Act to lower your tax debt.