If you’re a cryptocurrency trader who hasn’t reported your profits from trading, you have reason to be worried. The Canada Revenue Agency is going after
What to do if you failed to report your foreign property
If you’re a resident of Canada and you own specified foreign property that has a total cost value of $100,000.00 or more at any time
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Lawyer Ratings
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Canada’s New Tax Rules For Cross-Border Digital Economy
Canada’s new GST / HST regime came into effect on July 1, 2021 for cross-border digital services and products. Under the regime, non-resident vendors of
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Canadian Teenager Murdered 25 Years Ago Today in Bermuda: Killers Never Brought to Justice
Canadian teenager Rebecca Middleton was raped and murdered 25 years ago today while on vacation in Bermuda. The crime made headlines around the world. The
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Should You Sign A Waiver For The CRA?
If you ever find yourself in the unfortunate situation of being audited by the Canada Revenue Agency, the CRA auditor may ask you to sign
Case Results
Case Results Below is a representative sample of the types of cases Norman MacDonald has handled. • The CRA assessed a taxpayer about $10 million
Isle of Man Tax Avoidance Scheme a Sham Says the CRA
The CBC recently reported on an offshore tax avoidance scheme in the Isle of Man set up and managed by international accounting firm KPMG, for
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Make Sure You Know How Your GICs Are Taxed Before You Buy One
If you are considering buying a guaranteed investment certificate (“GIC”) in Canada, you need to know how it will be taxed in order to know
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Barbados: The Preferred Tax Haven for Canadian Businesses
Barbados continues to be the preferred tax haven for many Canadian businesses. Numerous Canadian companies have set up subsidiaries in Barbados to reduce or avoid
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