For instance, a taxpayer might sell her condominium in order to purchase a home with her fiancé.

Canada Revenue Agency's (CRA) voluntary disclosure program provides a taxpayer (e.g., an individual or corporation) with a one-time opportunity to retroactively comply with Canadian tax law.

In the decision of Watts v. The King, 2023 TCC 11, the Tax Court of Canada reiterated, at paragraph 58, that "with or without an assessment, the liability for the tax debt exists.

When claiming employment expenses, an employee must ensure form T2200 is completed and signed by the employer. The T2200, a prescribed form pursuant to subsection 8(10) of...

According to the Tax Court of Canada in Ramey v. The Queen, 93 DTC 791 (Ramey), at paragraph 6, the "net worth method of estimating income is an unsatisfactory and imprecise way...

Canada Revenue Agency audits have targeted Canadian sales to foreign entities.

Canada Revenue Agency (CRA) released guidance on "bulk" taxpayer relief requests as well as taxpayer relief for "extreme weather events."

A corporate client's previous representative filed a voluntary disclosure for Ontario's employer health tax during a Canada Revenue Agency audit of GST/HST

A taxpayer can still be held liable for a tax debt thought to have been erased by bankruptcy. This was the decision of the Federal Court of Appeal in Canada v. Heavyside, 1996 CanLII 3932 (FCA)...

Pursuant to subsection 118(1) of the Income Tax Act, RSC 1985, c 1 (5th Supp), if a taxpayer donates to an eligible charity, a tax credit can be claimed for the amount of the donation.

According to a decision of the Ontario Superior Court of Justice in Csak v. Aumon, 1990 CanLII 8070 (ON SC), at paragraph 8, a "beneficial owner is one who is the real owner of property...

In Canada, taxpayers are taxed at a marginal rate. In general, the higher the income, the higher the tax rate.

In Mediclean Incorporated v. The Queen, 2022 TCC 37 (CanLII), the Tax Court of Canada provides guidance for successfully claiming the "tax paid in error" GST/HST...

Corporations, individuals, trusts and members of a partnership can apply for SR&ED tax credits.

Taking into consideration the differing political contexts of Canada and the United States, you might assume that the United States, because of its small government bent...

The Tax Court of Canada decision in A-Supreme Nursing & Home Care Services Inc. v. The King, 2023 TCC 39 ("ANHC"), involved a CRA audit of a staffing agency in the business of supplying healthcare workers...

The applicant, CRA, first requested documents from the taxpayer years earlier, in May of 2014. They refused multiple times. At paragraph 40...

According to subsection 112(1) of Canada's Federal Income Tax Act, if a corporation receives a taxable dividend from a Canadian resident corporation or taxable Canadian corporation, the recipient can deduct the amount of the dividend from taxable income.