Introduction – When are food expenses deductible? The Income Tax Act and case law allow for various deductions for...
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The General Rule Under Section 150.1(2.1) of the Income Tax Act and What is a ‘prescribed corporation’? Section 150.1(2.1)...
Introduction: The Residence of a Trust – Central Management and Control Test Trusts are a common and effective tax...
Income Tax Folio S3-F1-C2, Deemed Interest Benefit on Shareholder Loans and Debts, replaces and cancels Interpretation Bulletin IT-421R2 In...
Introduction: The Office of the Taxpayers’ Ombudsperson, Its Annual Report and Its Role On June 20, 2025, the Office...
Introduction: Driver Inc. and How Some Trucking Companies Operate in Canada A recent CBC news article criticized the Canadian...
Overview of the debt forgiveness rules Sections 80 to 80.04 of the Income Tax Act contain the rules governing...
Improvements to the CRA Authorization Request Service in Represent a Client As part of the Canada Revenue Agency’s ongoing...
Introduction: Arrears Interest and the Role of Statutory Triggers in Loss Utilization In Bank of Nova Scotia v His...