On March 4, 2010, Finance Minister Jim Flaherty released the 2010 Budget. Unlike previous years, this year’s budget did not contain major changes like the…
The appeal process for income tax and GST matters begin with a notice of objection. A notice of objection filed by a taxpayer states that…
On February 11, 2010, Nicolo Rizzuto pleaded guilty to an unreported number of charges of tax evasion. Mr. Rizzuto is reportedly the head of a Montreal Mafia…
According to the German Finance Minister, Germany is prepared to purchase stolen data containing information in relation to Swiss bank accounts. Other European countries, including the…
Further to its quest to find taxpayers with offshore accounts, CRA has filed an application in the Federal Court seeking names of investors to a British…
According to a report in the January 27, 2010 National Post, income trusts have been merging with corporations that have tax losses as a means of…
According to a report in the January 7, 2009 edition of the Toronto Star, Canada is in the process of negotiating with Swiss Bank UBS regarding…
On January 3, 2010, 60 Minutes did a piece on the whistle-blower who tipped off the IRS to the off-shore bank accounts held by Swiss Bank UBS….
Taxpayers who donated to the Banyan Tree Foundation Gift Program between 2003 and 2007 have had their class action certified; in Ontario, for a class…
British singer Billy Bragg has threatened to stop paying his taxes unless the British government places limits on the amount of bonuses that top executives can…
On July 15, 2010, the Globe and Mail published an article regarding a possible relaxing of CRA’s Voluntary Disclosure Program (VDP) guidelines. Currently, in order to…
On January 11, 2010, the Canada Revenue Agency (CRA) released statistics regarding their activities to catch taxpayers who haven’t filed income tax returns or those who…