Federal Court of Appeal finds inadequate record-keeping does not justify gross negligence penalties
Published by Morgan Watchorn & Leonard GilbertOn December 21, 2020, the Federal Court of Appeal (“FCA”) released its decision in Deyab v Canada, 2020 FCA 222 (“Deyab”), partly overturning the decision of the Tax Court of Canada (“TCC”). The FCA’s decision clarified that failing to…