Oct

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...

Oct

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...

Sep

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...

Sep

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...

Sep

‘Natural Person’ Argument Rejected On September 16, 2009, the Tax Court of Canada released its decision in Kion v. R. The case involved a husband and wife who operated a business...