TAX WARS: THE CORPORATE MENACE
Addressing Tax Reform on Both Sides of the Border Looking back on 2017, I personally have never seen so much activity in tax reform that completely overhauled existing policy on both sides of the border in one year . The consequences of these tax reform changes are to be far reaching and while still in […]
Death of the Voluntary Disclosure Program
Recent changes to the Voluntary Disclosure Program are part of a federal trend in clamping down on tax evasion and aggressive tax avoidance. This can be seen in cases involving the use of tax havens by private corporations. We have already seen the Federal Liberal government has been scaling back the financial benefits of owning […]
Crypto Currencies & Taxation
Within the crypto currencies investing realm, 2017 will forever be remembered as the year of irrational exuberance, where everyone from your barber to gym buddy was talking about the investing in Bitcoin or the next big alt coin (alternative coin other than Bitcoin). In 2018, at the time of writing this article, crypto currency is […]
Filing Input Tax Credits for GST Refund Claim?
Understand the differences between ITC’s vs. Expenses Claiming of the Input Tax Credits, ITC’s, when filing your GST refund has a strong chance of being selected for a review by the CRA. Input tax credits differ somewhat from expenses claimed for income tax purposes in several subtle ways: Expenses are reductions to income Input tax […]
AUDITOR GENERAL REPORT ON CRA APPEALS HANDLING
Once again national news outlets are reporting that the Canada Revenue Agency has been excoriated by the another Auditor General’s Report. This report, it would seem, is the final level of accountability for the bureaucrats who operate the Canada Revenue Agency
THE CALM BEFORE THE STORM
“YOU’RE not a Capitalist”, the words rang out across the kitchen table, breaking the silence and nervous ticking of an old clock. “You’re a walking contradiction.
