Correcting Your Taxes Errors or Omissions & the Voluntary Disclosures Program - Canadian Tax Lawyer Analysis
Introduction – Correcting Your Taxes Under Canada’s federal tax system, taxpayers are required to calculate, report and pay their taxes in accordance with the applicable […]
Read more2018 Changes to the Voluntary Disclosure Program – Canadian Tax Lawyer Analysis
The Voluntary Disclosure Program (Canadian tax amnesty) allows the taxpayer to correct tax returns previously filed or, in certain circumstances, file a return that should […]
Read moreThe Federal Court Decides That CRA Enforcement Action on a Related Person Doesn’t by Itself Disqualify a Taxpayer From the Voluntary Disclosures Program. But is 40538993 Canada Inc. Still Relevant? – A Canadian Tax Lawyer’s Analysis
Introduction – The Voluntary Disclosures Program, CRA Discretion, and Judicial Review 40538993 Canada Inc. v the Minister of National Revenue (2019 FC 51) demonstrates why […]
Read moreCommon Reporting Standard is Now Fully in Effect – If You Have Been Hiding Funds or Assets Offshore, Now is the Time to Disclose
Introduction – Offshore funds and Canada Revenue Agency’ reach Gone are the days when offshore bank accounts were outside the Canada Revenue Agency (CRA)’s reach. […]
Read moreProposed Changes to the Voluntary Disclosures Program (VDP) – Conditions of a Valid Disclosure
Proposed Changes to the Voluntary Disclosures Program (VDP) – Conditions of a Valid Disclosure – A Canadian Tax Lawyer Analysis Proposed Changes to the Voluntary […]
Read moreProviding VDP Relief - Voluntary Disclosures Program Proposed Changes
Providing VDP Relief - Voluntary Disclosures Program Proposed Changes - Toronto Tax Lawyer Analysis Introduction – Voluntary Disclosures Program Proposed Changes The Voluntary Disclosures Program (VDP or […]
Read moreProposed Changes to the Voluntary Disclosures Program (Vdp) - How to Submit a Voluntary Disclosure
Proposed Changes to the Voluntary Disclosures Program (VDP) – How to Submit a Voluntary Disclosure – A Canadian Tax Lawyer Analysis Proposed Changes to the […]
Read moreProposed Changes to the Voluntary Disclosures Program – A Canadian Tax Lawyer Analysis
Proposed Changes to the Voluntary Disclosures Program (VDP) – A Canadian Tax Lawyer Analysis Voluntary Disclosures Program (VDP) – Current Rules The Voluntary Disclosures Program […]
Read moreCanadian Tax Treatment of Individual Saving Accounts in the United Kingdom
Canadian Tax Treatment of Individual Saving Accounts in the United Kingdom – A Toronto Tax Lawyer Analysis What is an Individual Savings Account? The term […]
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Income Tax Act’s Deemed Dividend Rules – Canadian Tax Lawyer Analysis
The Deemed Dividend Rules under Section 84 of the Income Tax Act– Canadian Tax Lawyer Analysis Introduction – The Definition of a Dividend and a […]
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"These articles provide information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."