by Matthew PollockCapital 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 Matthew PollockUnderstanding the Alternative Minimum Tax (AMT) in Canada
The Alternative Minimum Tax (AMT) is a parallel tax system designed to ensure that high-income earners and individuals with substantial deductions pay...
by Matthew PollockTax 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 Matthew PollockT2202 Form (Tuition and Enrolment Certificate) in Canada
The T2202 form, also known as the Tuition and Enrolment Certificate, is a vital document for students in Canada who are eligible to claim tuition fees...
by Matthew PollockT1213 Form (Request to Reduce Tax Deductions at Source)
The T1213 form, also known as the Request to Reduce Tax Deductions at Source, is a valuable tool for Canadian taxpayers who expect to claim significan...
by Matthew PollockTuition Tax Credit: How to Maximize Your Savings
The tuition tax credit is one of the most valuable tax benefits available to students in Canada. This non-refundable credit allows students and their ...
by Matthew PollockNavigating Tax Compliance for Toronto’s Short-Term Rental Hosts
Toronto’s housing crisis has fueled heated debate around short-term rentals. Critics argue that turning residential properties into short-term renta...
by Matthew PollockCan You Be Held Liable for Your Family Member’s Tax Liability?
The Canada Revenue Agency (the “CRA”) has extensive powers to collect unpaid tax debts, enacted through provisions in both the Income Tax Act and ...
by Matthew PollockThe Burden of Proof in Tax Matters: Insights from the Tax Court Ruling
The recent Tax Court of Canada decision of Robillard v The King, 2024 TCC 90 (“Robillard”) highlights the critical role of the burden of proof in ...
by Matthew Pollock