by Jason RosenCRA Penalties and Interest
The Canada Revenue Agency (“CRA”) can charge interest and penalties for a variety of reasons. Perhaps more worrisome is the alarming rate that pen...
by Jason RosenPrincipal Residence Audit
A Principal Residence audit occurs when the Canada Revenue Agency audits a taxpayer for the sale of one, or multiple properties where no taxes are pai...
by Jason RosenThe British Columbia Speculation Tax
It’s no secret that Vancouver is one of Canada’s hottest real estate markets, and that other large urban centres in British Columbia have enjoyed ...
by Jason RosenUnreported Income and the CRA
Unreported Income and the CRA Canada’s tax system is built on the premise that those filing their taxes are being honest with the Canada Revenue...
by Jason RosenThe Disability Tax Credit
The Disability Tax Credit The disability tax credit (DTC) is a non-refundable tax credit that helps Canadians with disabilities pay for their out of p...
by James PendergastGST/HST New Home Housing Rebate
GST/HST New Home Housing Rebate When you buy a new property in Canada, you must pay GST or HST on the purchase. However, purchasers can receive a reba...
by Jason RosenExporting Vehicles – GST/HST and Input Tax Credits
Exporting Vehicles – GST/HST and Input Tax Credits The sale and export of vehicles from Canada should theoretically yield GST/HST refunds. These...
by Jason RosenThe CRA and Director’s Liability
What is Director’s Liability? In Canada, corporations are considered to be separate legal entities with their own assets and liabilities. It is a ba...
by Jason RosenCRA Section 160: Can I fight a Section 160 Assessment?
Section 160: Paying Other People’s Taxes As explained previously (here), section 160 of the Income Tax Act, and its counterpart, section 325 of ...
by James Pendergast