Tax Blog Posts

New Limits Upon 231.1(1) Audit Powers

The Income Tax Act provides CRA with broad powers of administration and enforcement. In BP Energy Company v. Minister of National Revenue, 2017 FCA 61, the appeal court considered the authority to conduct the inspection of books and records given…

Canadian Tax Alerts

CRA Releases New Tax Collection Policies Circular

The CRA released Information Circular IC98-1R6 concerning the collection policies of the CRA. This information circular cancels and replaces IC98-1R5, dated February 3, 2016, and gives a general overview of many of the collections policies that the CRA has for individuals,…

Significant Tax-Treaty Changes on the Horizon

On November 24, 2016, the Multilateral Convention to Implement Tax-Treaty Related Measures to Prevent Base Erosion and Profit Sharing was released by the OECD.  The multilateral instrument is aimed at implementing standards to counter perceived treaty abuse and to…