Tax shelters – Investment Executive

CRA revokes registration of Canadian Friends of Pearl Children

Alan — Fri, 17 Jul 2015 20:10:00 +0000

The organization was functioning primarily as part of a tax shelter donation arrangement

Alan — Mon, 23 Feb 2015 14:25:00 +0000

Audit finds organization acted as a tax shelter

Alan — Wed, 26 Mar 2014 18:40:00 +0000

Alleged tax shelter scheme cost the federal government more than $200 million in tax revenues

Alan — Wed, 19 Mar 2014 13:30:00 +0000

Report from the Taxpayers’ Ombudsman aims to stop taxpayers from becoming victims

Alan — Fri, 10 Jan 2014 17:50:00 +0000

The CRA has denied more than $5.9 billion in donation claims from taxpayers who participated in gifting tax shelters

Alan — Mon, 27 May 2013 20:15:00 +0000

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

Alan — Fri, 15 Mar 2013 20:30:00 +0000

Agency says Toronto-based Marketplace Ministries International promoted tax shelter scheme

Alan — Fri, 09 Nov 2012 05:00:00 +0000

Federal agency is placing holds on tax returns of clients who are claiming deductions under gifting schemes

Alan — Wed, 31 Oct 2012 12:20:00 +0000

CRA says it will put the returns of taxpayers claiming a credit from a gifting tax shelter scheme on hold to avoid the issuance of invalid refunds

Alan — Fri, 12 Oct 2012 04:00:00 +0000

These structures may have fewer tax advantages than they did in the past, but they can still be useful to shelter wealth