Publications

Income Tax Implications on Sale of Cryptocurrency

One of the trends that emerged in 2017 was the increased interest, curiosity, and popularity of cryptocurrencies such as Bitcoin.  With so many Canadians buying…

CRA Requests Information from PayPal, BMO, Royal Bank, and TD Canada Trust

As part of its push to uncover unreported income, the Canada Revenue Agency (“CRA”) has successfully obtained a requirement for information from the Federal Court…

Vern Krishna Interviewed by CTV: Why are tax haven loopholes so hard to close?

Vern Krishna of TaxChambers LLP discusses the use of offshore jurisdictions like Ireland and Barbados in an exclusive interview for CTV News titled “Why are tax…

Tax Views: Appealing tax assessments a long and expensive journey

Vern Krishna of TaxChambers LLP discusses the principal steps for appealing tax assessments with the Canada Revenue Agency (CRA) in this featured article for The Lawyer’s Daily….

Vern Krishna in the 2018 Edition of The Best Lawyers™ in Canada

We are proud to announce that Vern Krishna of TaxChambers LLP has been selected by his peers for inclusion in the 2018 Edition of The Best Lawyers™ in Canada for his work…

Shareholder Liability for Corporate Tax

Vern Krishna discusses shareholder liability for corporate tax and special rules that apply in the case of non-arm’s length transfers of property in his recent article for Canadian…

Net Worth Assessment

Vern Krishna of TaxChambers LLP discusses the implications of a Canada Revenue Agency “net-worth” or arbitrary assessment as well as the reasons why the CRA would assess a taxpayer…

Vern Krishna Ranked in The Canadian Legal Lexpert Directory (2017)

We are proud to announce that Vern Krishna has been ranked in The Canadian Legal Lexpert® Directory 2017  as a repeatedly recommended leading practitioner in the indicated practice areas:…

TaxChambers LLP Newsletter: The Common Reporting Standard (CRS)

Please click here to download the April 2017 Edition of TaxChambers LLP Newsletter on The Common Reporting Standard (CRS).  What is The Common Reporting Standard? The Common Reporting…

Taxpayer Bill of Rights won’t speed up dispute process

Vern Krishna of TaxChambers LLP discusses the Taxpayer Bill of Rights and the principal steps to resolving income tax disputes with the Canada Revenue Agency in this featured article…

David Piccolo to present at the York District Chartered Professional Accountants’ Association CPD Seminar

On February 15, 2017, David Piccolo of TaxChambers LLP will be presenting at the informative CPD session organized by York District Chartered Professional Accountants’ Association (YDCPAA)….

Vern Krishna: Taxpayers must stand and wait to resolve their appeals

Please see the latest article, Taxpayers must stand and wait to resolve their appeals, by Vern Krishna of TaxChambers LLP published in the January 2017 Canadian Current Tax.