CRA goes after client details of major Canadian cryptocurrency marketplace in battle against ‘underground economy’
TaxChambers LLP’s David Piccolo lends his thoughts to an article by Christopher Nardi for the National Post.
Tag: David Piccolo
The CRA’s Pursuit of Real Estate Data Goes South of the Border
Canadian residents pay income tax on their worldwide income. In an effort to crack down on unreported offshore income, the Canada Revenue Agency (the… Read more
The Ripple Effect of Future Wage Subsidy Audits
As part of its response to the COVID-19 outbreak, the Government of Canada has created a number of emergency benefits to assist individuals and… Read more
$1.7M for CRA’s “Malicious Prosecution” Set Aside on Appeal
The British Columbia Court of Appeal (the “BCCA”) reversed (the “Decision”) a landmark decision (the “Lower Court Decision”) that had awarded a B.C. couple… Read more
Restaurant Owners Who Buy from The Beer Store Will Face Increased CRA Scrutiny
Ontario restaurant and bar owners are likely the latest target of the Canada Revenue Agency’s (the “CRA”) effort to audit unreported or under-reported income… Read more
A Review of Rectification in a Post-Fairmont World
Please see David Piccolo’s latest article for the September issue of the Tax Advocate titled, “A Review of Rectification in a Post-Fairmont World,” where he… Read more
David Piccolo to present at the Chartered Professional Accountants’ Association CPD Seminar
On February 21, 2018, David Piccolo will be a featured presenter to the Chartered Professional Accountants’ Association (CPA Ontario) on “Income Tax Update on the Summer 2017 Proposals Regarding Private Corporations“…. Read more
Income Tax Implications on Sale of Cryptocurrency
One of the trends that emerged in 2017 was the increased interest, curiosity, and popularity of cryptocurrencies such as Bitcoin. With so many Canadians… Read more
CRA Requests Information from PayPal, BMO, Royal Bank, and TD Canada Trust
As part of its push to uncover unreported income, the Canada Revenue Agency (“CRA”) has successfully obtained a requirement for information from the Federal… Read more
