Tax Law and International Tax Law

If the CRA has already contacted you about unreported income or an unfiled return, don't assume the door is closed. What disqualifies a voluntary disclosure depends on more than whether the Canada Revenue Agency has contacted the taxpayer.

If you have already filed a Notice of Objection and the CRA has confirmed a reassessment you disagree with, your next stop is the Tax Court of Canada, and the Informal Procedure vs. General Procedure decision is one of the first strategic choices you and your Canadian tax litigation lawyer will make.

A CRA loss denial means the CRA has reassessed to disallow a claimed business, rental, trading, or investment loss. The taxpayer generally has 90 days from the notice of reassessment to file a Notice of Objection, and may appeal to the Tax Court of Canada if the objection fails.

If you are a Muslim homebuyer weighing a halal mortgage against a conventional one, the product that keeps you offside your faith may still put you offside the taxman in ways a conventional mortgage never would.

California law treats aircraft as taxable tangible personal property subject to annual appraisal and local property taxation. With counties like Los Angeles increasing enforcement efforts, aircraft owners face significant compliance obligations, potential penalties, and a complex valuation process. Understanding the state's filing requirements, exemptions, and critical deadlines is essential for anyone who owns or operates aircraft regularly based in California.

Florida's proposed constitutional amendment to expand homestead exemptions could fundamentally reshape the state's residential real estate market by altering buyer incentives and development economics. The measure, set for a November 2026 ballot, may eliminate non-school property taxes for up to 90 percent of primary households, creating ripple effects across land values, municipal revenues, and construction feasibility that extend far beyond simple tax relief.

Canada’s income tax system is fundamentally based on self-assessment. Individual taxpayers are responsible for reporting their income, claiming applicable deductions and credits, and determining their tax position through the T1 General, formally the T1 Income Tax and Benefit Return.

Subsection 55(2) of the Income Tax Act (ITA) is the anti-avoidance rule that stops corporations from using tax-free intercorporate dividends to strip out accrued capital gains that aren’t backed by taxed corporate income.

A transfer generally qualifies as a gift for Canadian income tax purposes where a person voluntarily transfers property he or she owns without receiving or expecting a disqualifying benefit or consideration in return.

Subsection 55(2) of the Income Tax Act (ITA) is the anti-avoidance rule that stops corporations from using tax-free intercorporate dividends to strip out accrued capital gains that aren’t backed by taxed corporate income.

Canada's transfer pricing rules, first introduced in 1997, have historically imposed disproportionate compliance costs on smaller businesses while primarily serving large multinational enterprises. New draft regulations released in July 2026 introduce a simplified documentation regime specifically designed to reduce transfer pricing complexities for smaller Canadian businesses, while maintaining the existing penalty framework.

Le gouvernement fédéral propose d'élargir considérablement les incitatifs fiscaux destinés à stimuler l'investissement des entreprises au Canada avec la mégadéduction à la productivité. Cette nouvelle mesure permanente pourrait modifier la façon dont les entreprises évaluent et planifient leurs investissements en équipement, technologies et autres actifs nécessaires à leur croissance.