I don't understand the implications of adding my adult child as a joint tenant on my home. I know that there can be capital gains tax implications but don't really understand how it works. – A Money123 reader

While many Canadians are aware that the government provides annual grants on contribution to RESPs, many people are simply unaware of the small but important nuances in maximizing those grants.

By Dale Barrett – Managing Partner at Barrett Tax Law, Founder of Lawyers & Lattes Legal Cafe, Author of Tax Survival for Canadians: Stand up to the CRA

By Dale Barrett – Managing Partner at Barrett Tax Law, Founder of Lawyers & Lattes Legal Cafe, Author of Tax Survival for Canadians: Stand up to the CRA, Editor of the Family Law and Tax Handbook

My law firm cannot make the claim that we have won all of our cases in the Tax Court of Canada.

When the Canada Revenue Agency (CRA) investigates potential tax fraud, they will typically rely on search warrants in order to seize books and records to gather evidence.

If you are or your client is one of the many thousands of people who have purchased a new condo unit for the purpose of renting it out and if you or they have signed a leaseback agreement with a builder or another company, you should be aware of the potential pitfalls.

In part one of this series, I considered the situation of a hypothetical wealthy client who was involved in the KPMG tax scheme...

When non-residents receive rental income from rental or immovable property in Canada, the tenant or agent must withhold non-resident tax which is 25% on the gross rental income paid to the non-resident.

When a non-resident of Canada earns income from a rental property or disposes of a real property in Canada, the tenant or purchaser may be required to withhold certain amount of tax which is usually 25% and remit that to the CRA.

With the world in flux and an unprecedented shutdown of the world's economy, those who were planning to transfer businesses to the next generation have been given what is (hopefully)

Recently the Canada Revenue has been ramping up their audits of Employment Agencies, an industry which is estimated to have defrauded the CRA of hundreds of millions of dollars of HST.

Here is what we know so far about Canada's Emergency Wage Subsidy, a government program helping businesses avoid having to lay-off their employees during the Covid-19 Pandemic.

When the Canada Revenue Agency (CRA) investigates potential tax fraud, they will typically rely on search warrants in order to seize books and records to gather evidence. This is because

A non-resident is generally taxable in Canada on the disposition of Canadian real estate. It is more difficult for the Canada Revenue Agency (CRA) to collect tax from a non-resident...

Most people don't think twice before transferring assets between family members. Why would they? People deposit money into each other's accounts. They put each other's names on their properties in order to get mortgages.

According to the 2008 federal budget, the HST was claimed by the federal government to be "the single most important step provinces with retail sales taxes could take to improve the competitiveness of Canadian businesses."

In my first article in this series, I expressed the opinion that the entire Harmonized Sales Tax system and its legal framework are fundamentally flawed.

In any self-reporting or honour system like we have in Canadian taxation, there must be a means by which the state can verify the correctness of information provided.

In Ontario, there are preferential tax rates that apply to a corporation's profits when certain criteria are met. One of the more compelling circumstances that Canadian corporation...