There is a popular misconception about taxes that they are a modern creation. In fact, taxes in one form or another have existed since the…
The government is desperate for money and is on the search for new sources of revenues to finance its deficits. In anticipation of a fall…
Spring is the season to reflect on what we pay for through our taxes. We have a new federal Budget coming on April 19, when…
“When there is an income tax, the just man will pay more and the unjust less on the same amount of income”. – Plato In…
Taxes are compulsory expropriations levied to support necessary government expenditures. The law is complex, and the government has large budgets to administer it. Tax disputes…
TaxChambers LLP’s David Piccolo lends his thoughts to an article by Christopher Nardi for the National Post.
Canadian residents pay income tax on their worldwide income. In an effort to crack down on unreported offshore income, the Canada Revenue Agency (the “CRA”)…
Accounting involves communication and the use of language to convey business information. As with all languages, communication can create misunderstandings if one does not understand…
As part of its response to the COVID-19 outbreak, the Government of Canada has created a number of emergency benefits to assist individuals and businesses…
In Part 1 of “The Time Value of Money” we examined the fundamental mathematics of interest calculations and their impact on the lives of professionals…
“Time is money”. Money has no monetary value except when it is put in the context of time. Stated alternatively: “A dollar today is worth…
Please see Vitaly Timokhov’s latest contribution to an article in the February issue of Canadian Lawyer titled, “Tax Law Legal Report: Killing the golden goose”. In…