Tax Blog Posts

Goodwill Sale: Everything Must Go!

By now you might have heard that Budget 2016 proposes to repeal the existing eligible capital property (“ECP”) regime in favour of a new class of depreciable capital property in respect of which capital cost allowance (“CCA”) may be claimed. …

Canadian Tax Alerts

CRA Releases Statistics on Offshore Tax Informant Program

CRA released statistical information regarding its Offshore Tax Informant Program (OTIP). Since its launch on January 15, 2014, the OTIP allows the CRA to make financial awards to individuals who provide information related to major international tax-non-compliance. The details of…

CRA launches investigation into Vancouver housing market

According to a government document leaked to various media outlets, the Canada Revenue Agency has initiated a broad investigation into Vancouver’s housing market. Details can be found here: http://www.theglobeandmail.com/real-estate/vancouver/canada-revenue-agency-launches-vancouver-housing-probe/article30932513/.

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