Tax

Quebec tax authority can demand bank records in Calgary, says SCC

Quebec tax authority can demand bank records in Calgary, says SCC

Quebec tax officials are entitled to demand information from the Calgary branch of a national bank where a trust established in Alberta by a Quebec family holds an account, the Supreme Court of Canada ruled today.

CRA steps up the fight

CRA steps up the fight

Whether it is with house flippers in the overheated real estate market, international tax evasion, GST/HST or the federal government’s new tax reforms, tax lawyers say the Canada Revenue Agency is sharpening its fangs with new capabilities and growing more aggressive in the hunt for tax revenue.

Budget 2019 clears the air on cannabis taxes

Budget 2019 clears the air on cannabis taxes

Lawyers say new tax rules in the recently released federal budget provide clarification around some of the uncertainty faced by new cannabis businesses and medical cannabis users.

Employee stock options changes in budget will breed litigation, say lawyers

Employee stock options changes in budget will breed litigation, say lawyers

The cap on employee stock options — part of the tax changes in the federal Liberal’s 2019 budget — are vaguely defined and will lead to confusion and litigation, say tax lawyers.

IRS shutdown may lead to complications for Canadians

IRS shutdown may lead to complications for Canadians

With the U.S. government shutdown in its fifth week — the longest government shutdown in U.S. history — its effects are beginning to take a toll on those north of the border. For Canadians with financial interests in the U.S., the shutdown of non-essential government agencies such as the Internal Revenue Service may prove to be more than just a minor inconvenience.

SCC upholds order for new trial after language rights infringed

SCC upholds order for new trial after language rights infringed

​The Supreme Court of Canada has dismissed the appeal of a man in a tax dispute and employment status case, after the Federal Court of Appeal ordered a new trial because the official language rights of witnesses had been violated in hearings before the Tax Court of Canada during an informal procedure.