Nov

Credit Suisse Appeals Order

Posted By: David M. Piccolo on November 24, 2010 at 10:01:20 in All , News

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Credit Suisse Appeals Order As reported in the November 22, 2010 Globe and Mail, Swiss Bank Credit Suisse is appealing an order to disclose information on unnamed taxpayers to the Federal...

Nov

Ombudsman Wants Explanations

Posted By: David M. Piccolo on November 5, 2010 at 10:00:46 in All , News

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Ombudsman Wants Explanations The Taxpayer’s Ombudsman recently released a report entitled “The Right To Know” in which he condemned the CRA’s practice of not always fully explaining the decisions of the...

Oct

Swiss Information Exchange

Posted By: David M. Piccolo on October 26, 2010 at 9:58:21 in All , News

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Swiss Information Exchange On October 22, 2010, Canada signed an information-exchange agreement with Switzerland. The agreement allows CRA to request information on Canadian taxpayers from their Swiss counterparts. This agreement is...

Oct

Tax on Offshore Cash

Posted By: David M. Piccolo on October 20, 2010 at 9:56:58 in All , News

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Tax on Offshore Cash According to a CRA spokesperson, more than $33 million in undeclared income has been uncovered from Swiss bank accounts. Of that amount, almost $1 million of that...

Oct

More on Offshore Accounts

Posted By: David M. Piccolo on October 9, 2010 at 9:55:35 in All , News

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More on Offshore Accounts According to an editorial by Diane Francis in the October 7, 2010 edition of the National Post, the Canada Revenue Agency has failed to adequately pursue...

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