Publications

Ebay Businessperson Convicted

On August 27, 2010, CRA announced that they had convicted an individual for failing to report business income from their business selling fur coats on eBay….

Tax Evasion Charges Stayed

A New Brunswick man’s charge for failing to file a tax return was recently stayed by the Canada Revenue Agency. According to the Public Prosecutor on…

Taxpayer Information Within CRA

On June 20, 2010, the Toronto Star reported that the Canada Revenue Agency (CRA) had performed internal investigations on its employees regarding improper access to taxpayer…

UBS Settlement Nearing Approval

On June 3, 2010, the upper house of the Swiss Parliament approved a deal between the Swiss bank UBS and the US government that would disclose the names…

More VDP Stats

On May 5, 2010, CRA released statistics on the number of voluntary disclosures they’ve received for the past few years. The following is a summary of their…

Tax Hits for Ex-Spouses

The May 19, 2010 edition of the National Post contained an article regarding possible tax liabilities that ex-spouses face due to their break-up. The article discusses subsection…

Receipts Crucial for Claiming Expenses

On April 19, 2010, Justice Sheridan of the Tax Court of Canada released her decision in Naguit. The issue before the Court was the deductibility of…

Two More Charities Revoked

On April 19, 2010, CRA revoked the charitable registration of two Toronto-based organizations – Destiny Health and Wellness Foundation and Liberty Wellness Foundation. According to CRA’s news releases,…

Another Tax Preparer Convicted

On March 23, 2010, Ms. Shantelle Mohan was sentenced to 42 months in prison after pleading guilty to one count of fraud over $5,000. Ms….

Voluntary Disclosures Program Sees Huge Increase in 2009

According to an article in the March 18, 2010 Globe and Mail, the Voluntary Disclosure Program has been an unexpected source of revenue for the…

Content of Tax Appeals

In an interesting article on March 13, 2010, Jamie Golombek wrote about a recent decision in the Tax Court of Canada. The issue before the Tax…

Deadlines to Appeal Tax Matters

The appeal process for income tax and GST matters begin with a notice of objection. A notice of objection filed by a taxpayer states that…