Tax policy should be concerned with the effectiveness and efficiency of compromises between a nation’s economic, social, cultural and political values. Canada last considered serious…
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….
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…
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…
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…
Please see Vern Krishna’s latest article for the Taxnet Pro: Tax Disputes & Resolution Centre titled, “The Three Steps of GAAR” where he discusses the general…
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…
Fresh off the press! Volume 2 of Fundamentals of Canadian Income Tax by Vern Krishna has now been published. This volume introduces students to the income tax implications of…
With all the excitement concerning the price of cryptocurrencies, individuals and businesses have glossed over the fact that every cryptocurrency transaction is a taxable event…
Vern Krishna of TaxChambers LLP examines the International Taxation of Business Profits in his featured article for Canadian Current Tax. Below is an excerpt of the article:
Bitcoin, writes Vern Krishna, is “a multi-faceted, highly technical and difficult to trace asset that may quite possibly be a pyramid scheme.” Vern Krishna of…
Vern Krishna of TaxChambers LLP examines the fundamentals of tax policy in Canada in the second part of his featured article for Canadian Current Tax.