Introduction – The Canadian Foreign Tax Credit System An individual who is a Canadian tax resident is liable to...
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What is a retiring allowance? A retiring allowance is a payment made by an employer to an employee when...
Introduction: Mr. Cassidy’s Request for Taxpayer Relief Taxpayers may, under subsection 220(3.1) of the Income Tax Act (“Tax Act”),...
Introduction: Statute-Barred Tax Years & Statute-Barred Tax Audits Canada’s Income Tax Act sets out a “normal reassessment period,” after...
Introduction – CERB and CRB claims before the Federal Court The Canada Revenue Agency (“CRA”) has been assessing, and...
Introduction – Tax Exemptions for Charities To promote philanthropic ventures, the Canadian income tax regime offers generous tax benefits...
Introduction: The Access to Information Act And The Privacy Act An Access to Information and Privacy (ATIP) request, also...
The Canada Revenue Agency (CRA) has revealed that $458 million in funds distributed to employers through a pandemic-era wage...
Introduction: First Home Savings Account (FHSA) Purchasing a home is a significant milestone in one’s life, often requiring substantial...