New disclosure rules for taxpayers with over $100,000 in foreign property to help prevent tax evasion
A recent appeal court decision means less protection for advisors
Canadians who fail to report their foreign assets properly will run afoul of CRA
Data exposing cases of potential tax evasion and aggressive tax avoidance obtained from other government
In regretfully dismissing a taxpayer’s request to extend a deadline, the Tax Court of Canada commented on lack of simple fairness
A lump sum paid to satisfy a court order for retroactive support is deductible, the Tax Court of Canada has ruled
A recent test case from the Federal Court says the CRA can’t use delayed assessments to discourage the use of tax shelters it doesn’t like
New rules will add to filing burdens for honest taxpayers
Federal government pledges $30 million to fund search team
Auditor general finds agency is collecting more outstanding tax debt but issues remain