The CRA releases a list of tax tips for students
On February 11, 2020, the CRA published a list of tax tips aimed at providing students and taxpayers with no or almost no income with useful reminders on benefits and credits they may qualify for.
Tax Alert Archives February 2020
B.C. Government Releases 2020 Budget
B.C. government releases Budget 2020.
Tax Court of Canada issues $300,000 costs award in favour of taxpayer
In Univar Holdco Canada ULC v The Queen, 2020 TCC 15, the Tax Court awarded costs of over $300,000 in favour of the taxpayer, representing approximately 50% of the taxpayer’s legal fees for the appeal, plus disbursements. In light of…
Taxpayer successful on s. 160 assessment
In reaching the decision, the Tax Court of Canada considered whether the parties to the transaction attempted to place the CRA in “any different position whatsoever as a result of the transfer”. The Court found that they did not.…
Reminder: Complete Empty Homes Tax Declaration by February 4, 2020
Registered owners of residential property in Vancouver are reminded to complete their 2019 property status declarations by February 4, 2020. Owners should have already received reminder notices from the City of Vancouver. Failure to make the declaration will result in…