Publications

2009 a Record Year for Voluntary Disclosures

According to the Minister of National Revenue Jean-Pierre Blackburn, 2009 has been a banner year for the Voluntary Disclosure Program (VDP). As of December 3, 2009,…

Offshore Tax Amnesty Program Gains Popularity

According to a top U.S. Tax Official, approximately 14,700 Americans participated in the special tax amnesty program run by the IRS as part of the…

Common-Law Partners and the Child Tax Benefit

On November 13, 2009, Justice Boyle of the Tax Court of Canada dismissed the appeal of Ms. Kimberley Anne Brunette. Ms. Brunette had filed an appeal…

Remission Orders

On October 28, 2009, a remission order for Adel Karadsheh was published in the Canada Gazette. The remission order relieved Mr. Karadsheh from a GST liability due…

Call for Reform of Voluntary Disclosure Program

In a column published in the October 27, 2009 edition of the National Post, Diane Francis called for reform of Canada’s Voluntary Disclosure Program (VDP). According…

Tax Preparer Convicted of Fraud

On October 16, 2009, William “Billy” Ankomah was convicted of one charge of fraud over $5,000. He was sentenced to two years of house arrest and was…

The Voluntary Disclosure Program and Swiss Bank Accounts

On September 24, 2009, the Canada Revenue Agency (CRA) disclosed that 36 Canadian taxpayers have filed voluntary disclosures related to unreported income earned in Swiss…

‘Natural Person’ Argument Rejected

On September 16, 2009, the Tax Court of Canada released its decision in Kion v. R. The case involved a husband and wife who operated a…

CRA and the Stripper – An example of the Net Worth Assessment

 On August 10, 2009, the Tax Court of Canada ruled against the Canada Revenue Agency (CRA) who issued net worth assessments in excess of $1…

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