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…
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…
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…
On March 13, 2020, the Supreme Court of Canada released its decision in MacDonald v. The Queen 2020 SCC 6, which outlines a new framework…
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…
As we commence the new year (2020), we prepare ourselves for what awaits us: spring showers, flowers, and the hand of the tax collector reaching…
For most persons, tax is an “unpleasant subject” of complex and inexplicable rules, administered with bureaucratic ferocity and resulting in expensive litigation over an extended…
SCC cites TaxChambers LLP lawyers in leading decision on hedging transactions
On March 13, 2020, the Supreme Court of Canada released its decision in MacDonald v. The Queen 2020 SCC 6, which outlines a new framework…