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….
On April 10, 2010, the National Post printed an article regarding the tax implications regarding sales on eBay. The article examines the income tax implications that may…
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…
On August 11, 2010, the National Post posted an article about some of the US tax issues Conrad Black currently faces. The article provides an overview…
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…
On Tuesday June 15, 2010, the Globe & Mail published an article regarding the large number of over-contributions to Tax-Free Savings Accounts (TFSA’s). The article states…
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…
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…
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…
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…
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,…
In the April 14, 2010 edition of the National Post, an op-ed piece was published in support of enacting a flat tax. Although the piece appears to…
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…