I maintain a page on this site with some useful links for the tax practitioner. I have just added a link to the CRA’s page listing its prescribed rates. If any of you have other ideas for useful links that…
Bill C-52 Update
Bill C-52 received second reading yesterday and was referred to committee.
Bill C-33 update
Bill C-33 has received second reading and has been referred to committee.
Debate on Bill C-33
Get help!
Beth DeMerchant, formerly of Torys LLP, testified earlier this week about her role in not making public non-compete fees paid to Lord Black (among others) in 2000. She is quoted in this morning’s National Post saying violated the most…
Schemes
As readers of this newsletter well know, the clear message from the courts lately has been “Woe unto you taxpayers who participate in retail tax shelters or other tax-driven schemes!” The Federal Court of Appeal has reiterated that message in Nunn v. The Queen, 2006 FCA 403 (decision not yet available online).
Partnership reporting changes, again
David Bazar was kind enough to point out that, in fact, the CRA has delayed the implementation of the administrative change noted in my last post. Please see the CRA notice here.
Partnership reporting changes
The Golden Horseshoe Tax Study Group met yesterday. Kathryn Smith pointed out to the group that the CRA has changed its administrative policy on the reporting required of a partnership.
Budget news
The CBC has a good quick summary of the federal budget.
C-28 now law
Bill C-28 (“A second Act to implement certain provisions of the budget tabled in Parliament on May 2, 2006”) received Royal Assent on February 21 and became law as S.C. 2007, c. 2. The statutue includes the new eligible dividend…