Publications

Employee v Independent Contractor

One common issue facing businesses of all sizes is how they should organize their human resources – should they be employees or independent contractors. From…

Canadian Brokerage Firm Linked to Offshore Accounts

According to a report in the December 14, 2009 The Globe and Mail, the Canada Revenue Agency (CRA) is investigating the involvement of staff from RBC…

HST Transitional Rules

On December 9, 2009, the Ontario Legislature passed its controversial bill implementing the HST in Ontario. Starting July 1, 2010, a 13% HST will be applied…

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…

Auditor General Finds Problems in Amending Tax Legislation

On November 3, 2009, the Auditor General of Canada released her Fall 2009 report. In this report, the Auditor General found that the Department of Finance…

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…

New Bankruptcy Rules and Tax Debts

On September 18, 2009, a series of amendments to the Bankruptcy and Insolvency Act (the Act) came into force. One of those amendments affects individuals with large…

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