Tax court hearing
Savings: $2,300,000
Rosen & Associates negotiated a favourable settlement during a tax court hearing, saving our clients $2,300,000 in tax payable.
Savings: $1,100,000
Following an objection done by Rosen & Associates, a client of ours went from owing the CRA over $500,000 to a refund of over $645,000. The CRA agreed that multiple property sales were not taxable and the taxpayer was entitled to the Principal Residence Exemption. An overall savings of $1,100,000.
Savings: $297,189
We assisted a client with a non-resident audit. We argued that the taxes they had previously paid should be refunded because the client was a non-resident of Canada for tax purposes, and should not have reported the income or paid the taxes on it. We were successful and got our client a refund of $297,189.
Savings: $58,000
We assisted a client with a taxpayer relief request arguing that she deserved relief from the penalties and interest she was charged due to her life circumstances. CRA agreed and provided with full relief for all penalties and interest she had been charged since 2012.
Savings: $490,000
A client came to us after being assessed over $470,000 of GST/HST owing for the sale of a home. We filed a notice of appeal to the Tax Court of Canada and were able to prove that GST/HST was not chargeable on the sale of the home.
What was a $470,000 debt to the CRA turned into a $490,000 credit. Meaning, the client was refunded $19,000.
Savings: $87,000
A taxpayer came to us after her input tax credits were denied. The CRA had audited her, and came to the conclusion that her business was a sham. We filed a notice of objection and had the audit decision overturned. This resulted in the CRA allowing the input tax credits that had been denied.
Savings: Over $350,000
Following a net worth audit, we assisted our client with a notice of objection. We successfully removed almost the entire assessment following a notice of objection. Our client went from having over $757,000 of income, down to $7,000.
Savings: $44,000
The CRA ruled that a single parent was not entitled to the Canada Child Benefit that she had been receiving and stopped the payments. We stepped in, reopened her audit, and had the decision overturned. As a result, our client received $44,000 in back-pay for the unpaid benefits.
Savings: $700,000
Our client went through a net worth audit, and the CRA reassessed her 2014, 2015, 2016, and 2017 tax years adding over $1,500,000 of unreported income. We filed a notice of objection and successfully removed the entire net worth assessment. The $1,500,000 of unreported income was removed in full, which meant a tax savings of $700,000.
Savings: $425,818
Rosen & Associates filed a notice of appeal on behalf of a taxpayer where he was charged with taking a $425,818 shareholder benefit from his company, and gross negligence penalties. After completing the litigation steps, we successfully negotiated the removal of the shareholder benefit and the gross negligence penalties thus avoiding the expensive costs of a hearing at the Tax Court.
The CRA denied our client’s Input Tax Credits because they claimed he was an agent acting on behalf of a foreign principal. We filed a notice of objection arguing that was not the case, and we were successful in full. This lead to a result of a refund of over $250,000 for our client.
Savings: $447,000
Our client was assessed over $400,000 of GST/HST on the sale of his home. We filed a notice of objection arguing he should be exempted from GST/HST and we were successful in full. Not only did we remove all of the amounts owing, but our client received a refund of over $20,000 as well.
Savings: $650,000
Due to Rosen & Associates representation, our client received a refund from the CRA for over $650,000. The taxpayer was wrongly assessed as an agent acting on behalf of a foreign principal. We were able to reverse that decision resulting in a large amount of GST/HST being refunded to the client.
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