Report outlines CRA communication failures that resulted in wasted time, effort, from taxpayers
New U.K. regime will be caught between policy promises and financial markets
The revised anti-avoidance rules represent a shift in the CRA’s approach
Officials have no room to distinguish between cases driven by aggressive tax planning and those involving legitimate uncertainty
Banque Pictet to pay US$122.9 million in deferred prosecution deal
Proposed legislation extends reassessment period
The Federation of Law Societies of Canada argued that the new regime violates the Charter of Rights and Freedoms
Tax lawyers express concerns about overreach as Ottawa proposes to revamp the general anti-avoidance rule
Expanded reporting regime is intended to help the CRA fight aggressive tax planning
Advisors will need to consider whether to report transactions even if they're not required to
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