
Bare Trusts – Demystifying T3 Filing Requirements
In recent years, Canada has introduced sweeping changes to trust reporting obligations, significantly affecting various trust structures—including b...
How a GST Elimination on New Homes Could Affect the Existing Housing Rebate Framework
In wake of the recent federal election, Prime Minister Carney’s platform placed a greater focus on eliminating the Goods and Services Tax (GST) for ...
MEGLobal Canada ULC v. The King: Jurisdiction for Tax Appeals
When a taxpayer disagrees with a decision made by the CRA and they have exhausted their right of appeal with the CRA Appeals Division (or has elected ...
Taxpayer Bill of Rights Canada: Rights and Protections
The Taxpayer Bill of Rights is an essential framework designed to protect Canadian taxpayers when dealing with the Canada Revenue Agency (CRA). Unders...
Tax Repayment Plans: Navigating Options with the CRA
Dealing with tax debt can be overwhelming, especially when you’re faced with mounting interest and penalties. If you owe money to the Canada Revenue...
Capital Loss Carryforward: Maximizing Tax Benefits
Managing investments can be financially rewarding, but not every investment yields positive returns. Sometimes, you may sell an asset for less than it...
Income Tax Objections: How to Dispute a CRA Assessment
Dealing with a tax assessment from the Canada Revenue Agency (CRA) can be overwhelming, especially if you believe the assessment is incorrect. Fortuna...
Rudolph v The King: Are the Proceeds of Your Share Disposition Business Income or Capital Gains?
In Rudolph v the King, 2024 TCC 148, Justice Lafleur provides an overview of the law regarding the factors that must be considered in determining whet...
Sim v The King: Examining Non-Parties in Tax Court Proceedings
Individuals involved with closely held private corporations, whether as directors, former directors, or employees, may find themselves called upon to ...