Category: Tax

Aggressive CRA Enforcement Activity and Increased International Cooperation Make the Voluntary Disclosures Program An Important Option to Consider

The Canada Revenue Agency (the “CRA”) has been increasing its efforts

In light of recent happenings in the United States, tax amnesty programs have been receiving considerable media attention. 

On August 19, 2009, the United States Internal Revenue Service

Toronto, Ontario, May 28, 2007... The Honourable Carol Skelton, Minister of National Revenue, joined by the Honourable Jim Flaherty, Minister of Finance and Regional Minister for the Greater Toronto area,

The Children's Fitness Tax Credit provides a tax credit on up to $500 of expenses incurred by parents to provide for participation of their children in supervised physical activities.  Generally,