Introduction: CRA Expands Trust Reporting Requirements to Increase Transparency Canada’s trust reporting framework has undergone significant reform in recent years as part of broader efforts to improve tax transparency and prevent tax avoidance through undisclosed beneficial ownership arrangements. The Canada Revenue Agency (CRA) now requires many trusts to provide...
Overview—Using trusts as flow-through vehicles For Canadian tax planners and business owners, utilizing inter vivos trusts to flow income through from corporations to beneficiaries is a common strategy for tax deferral and to multiply access to the lifetime capital gains exemption. A discretionary trust allows the trustees to decide...
Overview: Expecting to Profit from Charity: Why the Court Denied the Tax Credit The decision in Walby v. Canada (2025 FCA 94) addresses the meaning of a “gift” under the Income Tax Act and the requirements for claiming charitable donation tax credits. The case arose after two taxpayers, Chris...
Toronto-Dominion Bank (TD Canada Trust) v. Canada, 2026 FCA 25 Introduction: Unpaid Payroll Deductions: A Hidden Risk for Creditors The Federal Court of Appeal’s decision in Toronto-Dominion Bank (TD Canada Trust) v. Canada addresses an important issue in Canadian tax law: whether the Crown can recover unremitted payroll deductions...
When a Canadian taxpayer tried to change his 2004 tax return, CRA declined and pushed for penalties plus interest while ignoring his change request for 10 years. Judicial review sided with the taxpayer. In 2005, anticipating that his 2004 reportable income would be nearly double the amount originally declared,...
Introduction: Canadian Charity Law, CRA Revocation, and Constitutional Jurisdiction The British Columbia Supreme Court decision in Coram Deo Foundation v MNR, 2026 BCSC (S260171), is a significant Canadian charity law and Canadian tax litigation ruling addressing interim injunctive relief, CRA revocation of charitable status, and constitutional limits on federal...
In Insurance Institute of Ontario v. M.N.R., 2020 TCC 69, the Tax Court of Canada clarified that where a payor and a worker share a common intention regarding the nature of their relationship, that intention may prevail — even where the objective indicia point in a different direction —...
Introduction – Taxpayer Relief, Tax Reassessments, CPP Refunds, and the Jurisdictional Limits of Objection Rights In Tolley v. The King, 2026 TCC 14, the Tax Court of Canada examined whether a taxpayer can obtain an extension of time to file a notice of objection after the Canada Revenue Agency...
Overview The Tax Court of Canada decision in Martin v The King, 2024 TCC 153, delivers important guidance on the Canadian tax treatment of Retirement Compensation Arrangements (RCAs) for non-resident professional athletes and other high-income earners with cross-border income. This ruling addresses how RCA contributions affect the computation of...
Overview — Canadian Students Cannot Pay for Multiple Years of Foreign Tuition, Then Claim Overpayments on Current-Year Taxes In Ojaide v. The King, 2025 TCC 180, the Tax Court of Canada addressed a specific but practical issue: whether a taxpayer can inflate a tuition tax credit for a taxation...