Publications

Accounting Principles: Part I

Accounting is the language of the world of finance and taxation. As with all languages, there are certain rules and conventions that we follow to…

The Nature of Taxes

As with a jigsaw puzzle, we need to look at the picture on the front of the box before we start putting the pieces together….

Whose Income is It?

In 1966, the Carter Commission recommended that the income tax system should consider the family (spouse and minor children) as the basic unit for determining…

CRA’s $1 Billion Real Estate Nut: Tough to Crack

The Canada Revenue Agency (the “CRA”) recently published a news release (the “Release”), in which it identifies over $1 billion in unpaid taxes in the…

$1.7M for CRA’s “Malicious Prosecution” Set Aside on Appeal

The British Columbia Court of Appeal (the “BCCA”) reversed (the “Decision”) a landmark decision (the “Lower Court Decision”) that had awarded a B.C. couple (the…

Bribery and Corruption in International Business

The SNC-Lavalin affair has dominated the Canadian news media for two months without complete revelation of what really happened. All that we know for sure…

Fines and Penalties

Section 67.6: “In computing income, no deduction shall be made in respect of any amount that is a fine or penalty (other than a prescribed…

CRA’s Initial Cryptocurrency Audits are Likely First of Many

The Canada Revenue Agency (the “CRA”) appears to be targeting users of bitcoin and other cryptocurrencies for audit, according to a Forbes online article (the…

Paradise Papers, New VDP Not Government’s Panacea in 2019

The Canada Revenue Agency (the “CRA”) has launched roughly 100 audits into taxpayers named in the Paradise Papers offshore tax leak, according to documents tabled…

Bribery and the Rule of Law

Attorney General (and Minister of Justice) Jody Wilson-Raybould’s resignation following the government’s SNC-Lavalin debacle highlights how the “rule of law” applies to public prosecutions under…

TaxChambers LLP is Again Recognized as One of Canada’s Leading Tax Boutiques 2019

We are pleased to announce that TaxChambers LLP is once again recognized as a leading tax boutique in Canada for 2019-2020, by the Canadian Lawyer…

Vern Krishna in the 2019 Edition of The Best Lawyers™ in Canada

We are very proud to announce that once again our colleague Professor Vern Krishna was recognized by The Best Lawyers™ in Canada for his work in: Appellate…