Income tax

Budget bill receives royal assent Budget bill receives royal assent

Tax News

Budget bill receives royal assent

Luxury tax and increased eligibility for the disability tax credit are now law as Bill C-19 passes

By Rudy Mezzetta |June 24, 2022

2 min read

Feds may need to think beyond income taxes to get benefits to First Nations families Fallback Image Decorative pattern

Industry

Feds may need to think beyond income taxes to get benefits to First Nations families

More creative approach needed: Auditor General

By Laura Osman, The Canadian Press |June 1, 2022

1 min read

CRA clarifies tax treatment of settlement payments related to RRSPs, other plans Fallback Image Decorative pattern

Tax News

CRA clarifies tax treatment of settlement payments related to RRSPs, other plans

In an income tax folio, the Canada Revenue Agency clarified its position on settlement amounts and registered plans

By Rudy Mezzetta |May 24, 2022

3 min read

CRA can use ‘arbitrary assessments’ to fill a filing void CRA can use ‘arbitrary assessments’ to fill a filing void

Advisor's Edge

CRA can use ‘arbitrary assessments’ to fill a filing void

A Tax Court case offers a warning about missing corporate returns

By Jamie Golombek |May 9, 2022

4 min read