Publications

Tax Evasion and Offshore Accounts

Tax Evasion and Offshore Accounts According to a report in the January 7, 2011 edition of the National Post, no Canadian taxpayers, whose names were identified…

Charitable Donation Programs

On December 10, 2010, the Financial Post published an article about the charitable donation program industry.  The article examined the industry in general and specifically…

Swarbrick and Medvedev

Every week the Tax Court of Canada (TCC) hands down decisions in tax cases.  Often you will hear that “you can’t win at tax court”…

Another Record Year for VDP

According to figures from the Canada Revenue Agency (CRA), 2010 has been a record year for the Voluntary Disclosure Program. In the 2009-2010 fiscal year,…

Objection Rules May Change

In an article published in the November 23, 2010 edition of the Toronto Star, Finance Minister Jim Flaherty pledged to widen the ability of a taxpayer…

Credit Suisse Appeals Order

As reported in the November 22, 2010 Globe and Mail, Swiss Bank Credit Suisse is appealing an order to disclose information on unnamed taxpayers to the…

Ombudsman Wants Explanations

The Taxpayer’s Ombudsman recently released a report entitled “The Right To Know” in which he condemned the CRA’s practice of not always fully explaining the decisions…

Swiss Information Exchange

On October 22, 2010, Canada signed an information-exchange agreement with Switzerland. The agreement allows CRA to request information on Canadian taxpayers from their Swiss counterparts. This…

Tax on Offshore Cash

According to a CRA spokesperson, more than $33 million in undeclared income has been uncovered from Swiss bank accounts. Of that amount, almost $1 million of…

More on Offshore Accounts

According to an editorial by Diane Francis in the October 7, 2010 edition of the National Post, the Canada Revenue Agency has failed to adequately…

More Swiss Revelations

According to a report in the September 30, 2010 Globe & Mail, CRA has received information on approximately 1,800 Swiss bank accounts held by Canadians. The information…

Parking Benefits

In an article published in the September 21, 2010 Globe and Mail, it appears that Toronto police officers have been audited by the CRA for…