Whose Income is It?
In 1966, the Carter Commission recommended that the income tax system should consider the family (spouse and minor children) as the basic unit for… Read more
Tag: Income Tax
CRA’s $1 Billion Real Estate Nut: Tough to Crack
The Canada Revenue Agency (the “CRA”) recently published a news release (the “Release”), in which it identifies over $1 billion in unpaid taxes in… Read more
CRA Crackdown Eyes Toronto and Vancouver Property Sales: Worth $600 Million in Lost Revenue
The CRA is focussed on recovering lost revenue in the real estate market. In particular, it is targeting home sales in Vancouver and Toronto…. 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
Time for Flat Tax?
In the April 14, 2010 edition of the National Post, an op-ed piece was published in support of enacting a flat tax. Although the piece appears… Read more
