Category Archives: CRA News

Tax protesters redux (ridiculous more like)

Posted on December 12, 2011 by John Loukidelis

The CRA is warning Canadians to stay away from the tax protest movement, again. I can’t believe people are still falling for this crap given that, as the CRA release points out, “Canadian courts have repeatedly and consistently rejected all … Continue reading →

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CRA News

Posted on December 12, 2011 by John Loukidelis

The CRA issued a couple of interesting technical interpretations in the last few months. Foreign Entity Classification The CRA will no longer issue technical interpretations on foreign entity classification (CRA technical dated August 04, 2011, 2011-0415141E5) because whether the foreign … Continue reading →

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Non-share Corporations for Cottages?

Posted on September 17, 2011 by John Loukidelis

Some practitioners have suggested that it might be possible to use a non-share corporation to own a family cottage. Query, however, whether the CRA would assess a benefit to a member of a corporation who used its cottage and didn’t … Continue reading →

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10-Year Limitation for Relief Revisited

Posted on June 8, 2011 by John Loukidelis

In 2005, I wrote a post about the 10-year limitation period for relief applications that was introduced by the 2004 budget, and I noted that the drafting of the limitation period was ambiguous. The Federal Court of Appeal just released … Continue reading →

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Shakedown?

Posted on April 26, 2011 by John Loukidelis

I hate to think that a CRA auditor could use the considerable powers at his disposal for a shakedown, but the RCMP is investigating just such a possibility.

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Disability crackdown?

Posted on February 10, 2011 by John Loukidelis

In my experience, the CRA has always been pretty careful—some would say overly stingy—about allowing disability tax credits, but, according to a Toronto Star–CBC investigation, that hasn’t stopped abuses of the system. I wonder how many Canadians with real disabilities … Continue reading →

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GST44

Posted on October 28, 2010 by John Loukidelis

The CRA just released a new version of GST44, the form used for elections under section 167 of the GST legislation.

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CRA Trusts Initiative

Posted on October 21, 2010 by John Loukidelis

I spoke at an Ontario Bar Association conference on October 2 along with David Louis from Minden Gross (among others). David’s presentation included some discussion of the CRA trust audit initiative about which we’ve heard so much. David had contacted … Continue reading →

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No New Policy for VDs

Posted on October 6, 2010 by John Loukidelis

In July, The Globe and Mail was reporting that the CRA was getting ready to “relax the rules for confessing secret, offshore accounts”. Apparently the CRA was considering a new policy that would have required taxpayers to go back only … Continue reading →

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Tax Cheats

Posted on September 30, 2010 by John Loukidelis

The Prime Minister has promised that the CRA will chase tax cheats. The PM made this promise in the wake of the release of a CBC News-Globe and Mail report on offshore bank accounts at HSBC in Switzerland.

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