Author: Bhavika Chadha

by Bhavika Chadha

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 ...

by Bhavika Chadha

GST/HST Tax Break: A Guide for Business Owners

The Canadian Government’s Tax Break for All Canadians Act was intended to provide economic relief during the holiday season, by issuing a one-time b...

by Bhavika Chadha

Canadian Government Defers Capital Gains Inclusion Rate to January 1, 2026

The newly appointed Minister of Finance, successor to Minister Freeland, Dominic LeBlanc recently announced an amendment to the legislative changes th...

by Bhavika Chadha

Tax Debt Relief Programs: Reduce or Eliminate Your CRA Tax Debt

Tax debt can be overwhelming, but Canadian taxpayers struggling to pay their tax obligations have options. The Canada Revenue Agency (CRA) offers vari...

by Bhavika Chadha

Collections: Understanding the Process and How to Manage It

Collections are a critical part of debt recovery, whether you’re a creditor seeking payment or an individual managing outstanding debts. In Canada, ...

by Bhavika Chadha

Unreported Income: Consequences and How to Address It

Unreported income is a significant issue that can have serious legal and financial consequences. Whether intentional or unintentional, failing to repo...

by Bhavika Chadha

CRA Audit Powers and Judicial Review: A Guide for Taxpayers

In the 2024 Budget, the government proposed to further extend the Canada Revenue Agency’s (CRA) audit powers and their power to require additional d...

by Bhavika Chadha

Capital Gains Tax in Canada: What You Need to Know

Capital gains tax is a significant consideration for individuals and businesses in Canada, particularly those involved in investments, real estate, or...

by Bhavika Chadha

Tax Shelters: Benefits, Risks, and Legal Considerations

Tax shelters are investment vehicles or strategies that allow individuals and businesses to reduce their taxable income, thereby minimizing their tax ...

by Bhavika Chadha

How Much Time in Your Rental is Enough Time? Tax Court of Canada Rules on GST Rental Rebates

In a recent Tax Court of Canada decision, 12329905 Canada Ltd. v. The King, 2024 TCC 115, Justice Randall S. Bocock ruled in favor of 12329905 Canada ...