The Canada Revenue Agency recently confirmed their concern about non-passive investments in TFSAs. When might this be an issue?When is a TFSA not Tax Free?READ MORE »
On May 29, 2017, the Tax Court of Canada decided Struck v. The Queen, 2017 TCC 94, finding the taxpayer grossly negligent. How consistent was this decision with prior decisions? Are owner-manager shareholders more likely to incur gross negligence penalties?READ MORE »
On April 6, 2017, the Tax Court of Canada decided Coathup v. MNR, 2017 TCC 54, finding the worker was an employee. How consistent was this decision with prior decisions?When is a worker an employee for tax purposes?READ MORE »