What is the taxpayer relief application? When a taxpayer cannot meet tax payment deadlines or fulfill other obligations set...
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Non-residents of Canada for tax purposes are only taxed on their Canadian income Canadian tax residents are taxed based...
Introduction: The Tax Risks of Overcontributing to an RRSP A Registered Retirement Savings Plan (“RRSP”) is the first and...
Loss carryovers are an important tool that taxpayers can utilize to reduce their taxable income. When taxpayer incurs a...
In 2009, the Tax-Free Savings Account (“TFSA”) program was introduced by the federal government of Canada as a means...
Overview: Unique Tax Considerations for Shareholder-Employees of a Corporation It is not uncommon within incorporated family businesses or other...
Introduction: Rectification & Its Tax Consequences Rectification is an equitable remedy. It allows parties to correct drafting errors that...
Big box store was ordered by the Federal Court to turn over its client lists to the CRA In...
Introduction: The General Anti-Avoidance Rule & Documentary Discovery during Tax Litigation Section 245 of Canada’s Income Tax Act contains...