According to an article published in the February 5, 2011 edition of the National Post, CRA has sent out questionnaires to high net worth Canadians regarding…
Swiss Accounts and Wikileaks According to an article in the January 19, 2011 edition of the Toronto Star, a former employee at Julius Baer – a…
Revoked Charities (Updated) The following is a list of the various charitable organizations or Registered Canadian Amateur Athletic Associations that have had their charitable registrations…
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…
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…
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”…
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,…
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…
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…
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…
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…
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…
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”…