Background on Directors Liability for Taxes: The Tax Court of Canada has recently decided a case regarding director’s liability...
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Change in Use of Principal Residence, Principal Residence Exemption and Subsection 45(2) Election When there is a change in...
Introduction – Canadian Taxpayers Must Pay Departure Tax When Leaving Canada There are two types of individuals who must...
Introduction to Third-Party Tax Liabilities under Section 160 and Section 325 Section 160 of the Income Tax Act and...
Introduction – Cryptocurrency and NFTs should be disclosed as matrimonial property A divorce will result in many financial changes...
What is the Voluntary Disclosure Program? The Canada Revenue Agency’s voluntary disclosure program allows taxpayers to come forward proactively...
Introduction: Net Worth Assessments Net worth assessments may be undertaken by the tax auditor when the Canada Revenue Agency...
What is the T1135? The T1135 is a reporting form where Canadian resident taxpayers report to the Canada Revenue...
Tax Court Settlement Process A taxpayer who proceeds to Tax Court to resolve an ongoing tax dispute will want...