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Articles2023-12-19T17:45:04-05:00

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Navigating Canadian Taxes in the Metaverse: Businesses Grapple with Possible Taxation in the Virtual World

December 6th, 2023|Cryptocurrency|

The rise of innovations in the metaverse is generating widespread excitement across various realms of life. In the midst of this transformative wave, tax law [...]

How a Homeowner Fought the CRA Over the Denied New Housing Rebate—and Won: Simonetta v. The King

October 17th, 2023|GST, housing, HST|

Introduction: New Housing GST/HST Rebate Under subsection 254(2) of the Excise Tax Act (“Tax Act”) homeowners can claim a new housing rebate. Using this rebate [...]

Warning for Canadian Businesses: The CRA Is Not Sympathetic to Victims of GST/HST Tax Fraud; The Onus Is on Canadian Taxpayers to Protect Their Businesses from VAT Fraud

May 18th, 2023|Tax fraud|

Introduction: GST/HST Fraud in Canada GST/HST fraud is a significant problem in Canada. It is estimated that the Canada Revenue Agency (CRA) loses billions of [...]

When CRA Wrongly Denies Input Tax Credits (ITCs) for Businesses that use Agents: a Canadian GST/HST Tax Trap

March 8th, 2023|CRA, GST, HST, Input tax credits|

ITC Record-Keeping Requirements for Canadian Businesses that Use Agents Agency is a legal relationship whereby one person (the agent) acts in accordance with the directions [...]

Canada Revenue Agency (CRA) Requires Written Indication to Claim Input Tax Credits (ITCs) on Rebates from Manufacturers, Distributors

March 1st, 2023|CRA, Input tax credits|

Many distributors and manufacturers provide their customers or third-party purchasers rebates on their products or services. When a GST/HST registrant pays a rebate with respect [...]

Proposed Amendments to GST/HST Rules for Cryptocurrency Mining: What’s Covered and What’s Not

January 12th, 2023|Cryptocurrency, GST, HST|

Introduction – Proposed Amendments to GST/HST Rules for Cryptocurrency Mining In February 2022, Canada’s Department of Finance released draft GST/HST legislation covering cryptocurrency mining. The [...]

Canadian GST/HST Tax Trap: ITC Record-Keeping Requirements for Canadian Businesses – Canadian Tax Guidance from a Canadian Tax Lawyer

September 16th, 2022|corporate taxation, GST, Taxation|

Introduction – The Canada Revenue Agency Targets Canadian Businesses that Keep Poor Records The Canada Revenue Agency isn’t shy about pursuing a tax audit. But [...]

Canada Proposes New GST/HST Rules for Cryptocurrency Mining– Canadian Tax Guidance from a Canadian Tax Lawyer

August 24th, 2022|Cryptocurrency, Excise Tax, GST, HST, Input tax credits|

Introduction – Draft Legislative Proposals Concerning GST/HST Treatment of Cryptocurrency Mining Since 2019, Canada has steadily introduced new GST/HST rules aimed at cryptocurrency. In May [...]

Soulliere v The Queen: Director’s Liability for Unpaid Taxes

August 1st, 2022|Case, corporate taxation, GST, HST|

What is Director’s Tax Liability? The Tax Court of Canada has recently decided a case regarding director’s liability for unremitted GST/HST returns. Generally, a director [...]

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