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VOLUNTARY DISCLOSURES

Beware of Voluntary Disclosure/Tax Amnesty Are you considering taking advantage of CRA’s Voluntary Disclosures Program? Is someone advising you to disclose? Notice to Reader. The gig is up on Voluntary Disclosure Program, even the most known law firm advertising tax...

The Underground Economy 100 and the “Undergrounders.”

Undergrounders being defined as those who either buy or sell in the underground economy. This whole underground scenario was created by our government and can only be fixed by CRA and the Government of Canada. The underground did not create itself, it was created by...

TRANSFER PRICING

Undergrounders being defined as those who either buy or sell in the underground economy. This whole underground scenario was created by our government and can only be fixed by CRA and the Government of Canada. The underground did not create itself, it was created by...

TAXATION LAWYERS

When to hire a good lawyer In Canada we have a love hate relationship with lawyers. We love them when the bail us out of serious trouble and we hate getting a large bill. Sometimes we just love to make lawyer jokes. All that aside. Lawyers provide a very valuable...

WHAT IS A “LEGAL SAFETY ZONE?”

A legal safety zone is a term that is sometimes used to imply you are safe there A legal safety zone is a term that is sometimes used to imply you are safe there. It can be a little misleading. First of all, let’s look at the words; “Legal,” “Safety” and “Zone.”...

TAX SHELTER PROGRAMS

The Canada Revenue Agency (CRA) advises against gifting Tax Shelters Now years later, and now that the horses are out and thousands of Canadians are getting devastated with huge tax bills. CRA is moving to clamp down on those charities that were listed on the CRA web...
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