Canadian Accountant14h
Trump, tariffs and Canadian tax strategies: There must be 50 ways to leave your country
Tax losses or depressed market values can shield a corporation from Canada’s departure taxes and, as result, there have been ...
Canadian Accountant4d
Why Trump’s plan to cut national debt by selling ‘gold card’ visas for US$5 million each won’t work
The idea that wealthy foreigners can address a nation’s faltering economy is not new. Trump’s gold visas will themselves ...
Canadian Accountant6d
Top 10 need-to-know Canadian income tax cases from 2024
The Tax Court of Canada has exclusive jurisdiction to determine the correctness of a tax assessment, which involves a ...
Canadian Accountant8d
B.C. Conservatives pitch a carbon tax on U.S. coal as a trade-war measure
British Columbia Opposition Leader John Rustad floated the idea on Monday of imposing a carbon tax on American thermal coal ...
Canadian Accountant11d
Two Atlantic premiers resign amid Canada's economic turmoil
Last week, Progressive Conservative Dennis King resigned as premier of Prince Edward Island, and on Tuesday, Liberal Andrew ...
Canadian Accountant6d
A widow is not a spouse: Canadian court saves widow from the CRA's $100,000 derivative tax assessment
In response, the CRA's Canadian tax lawyer pointed to another Tax Court decision, Kuchta v R, 2015 TCC 289, in which the court reached the opposite conclusion, holding that, for the purposes of ...
Canadian Accountant11d
Thunder Bay: 307 property owners owe $3 million in uncollected taxes
THUNDER BAY, ON, Feb. 26, 2025 — The city is owed over $3 million of uncollected property tax from the 2023 tax season. There ...
canadian-accountant7d
A widow is not a spouse: Canadian court saves widow from the CRA's $100,000 derivative tax assessment
David J Rotfleisch, CPA, JD is the founding tax lawyer of Taxpage.com and Rotfleisch & Samulovitch P.C., a Toronto-based boutique tax law corporate law firm. The derivative tax rule in section 160 of ...