Tax Court of Canada – Investment Executive

TFSAs: Setback for the CRA

Alan — Mon, 21 Jan 2019 05:17:00 +0000

Tax Court decision may limit the scope of the advantage tax

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Supreme Court upholds Industrial Alliance’s language rights

melissa — Thu, 22 Nov 2018 21:20:31 +0000

Question of whether Industrial Alliance reps are employees or contractors punted back to Tax Court

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Tax court rules 2009 space trip was a taxable benefit

Alan — Fri, 14 Sep 2018 20:10:46 +0000

At issue was the $41.8-million price tag for a trip Cirque du Soleil’s founder Guy Laliberté had been reimbursed for as a business expense

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Tax Court cannot rectify error caused by misleading HBP rules

Alan — Thu, 30 Nov 2017 21:25:00 +0000

The error relates to a discrepancy between the date when the purchaser may take vacant possession of a property and the formal closing of a home purchase

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The dangers of going to tax court

Alan — Mon, 26 Jun 2017 10:00:00 +0000

Although clients can take the CRA to the Tax Court of Canada, they need to be aware of the public exposure that may come their way

The post The dangers of going to tax court appeared first on Investment Executive.

Court rules post-secondary student’s status depends on institution’s classification

Alan — Tue, 13 Jun 2017 15:30:00 +0000

Even if a student has spent 30 or more hours a week engaged in studying, that’s not enough to categorize the student as being full-time

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Tax court rejects business loss claim by financial consultant

Alan — Thu, 27 Apr 2017 16:30:00 +0000

Records must show “business-like endeavour”

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House not lived in, tax court finds

Alan — Tue, 21 Mar 2017 19:05:00 +0000

New Housing Rebate denied on failure to show home was primary residence

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No relief for RRSP trap

Jean-Marc Jutras — Fri, 25 Nov 2016 05:50:00 +0000

A taxpayer who over-contributed to his RRSP by mistake and gained no benefit from the error has failed to gain relief from the taxes that resulted. However, the Tax Court of Canada only reluctantly found for the government in the case. In the concluding remarks of the October judgment in Hall v. The Queen, Justice […]

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Help your clients object to a CRA assessment

Alan — Mon, 27 Jun 2016 10:00:00 +0000

If clients mention they have been reassessed, consider sharing a recent Tax Court of Canada decision to ensure they don’t miss their deadline to object

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