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
Read MoreBarbados: The Preferred Tax Haven for Canadian Businesses
A Blog about Canadian tax law, tax havens, cryptocurrency, and doing battle with the CRA
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
Read MoreBarbados: The Preferred Tax Haven for Canadian Businesses
Be wary of “donate low” and “claim high” charities. That’s where you give money to a charity, and they give you a tax receipt for
Help, I’m being audited ! You open your mailbox one day and find a letter from the Canada Revenue Agency telling you that you are
Below is a representative sample of some of Norman MacDonald’s reported cases. Akeroyd v. The Bermuda Tax Commissioner [2020] SC (Bda) 22 Civ ( 6
For years, many accountants and tax lawyers, have been circulating advice to the effect that under the Canada Revenue Agency’s Voluntary Disclosures Program (“VDP”), commonly
If your employer requires you to wear a mask or gloves, or use sanitizing liquid due to COVID, and does not reimburse you for the
Read MoreEmployment Expenses – Masks, Gloves, and Sanitizing Liquid
I know people who pay between $40 to $80 each year to have a CPA (Chartered Professional Accountant in Canada) or tax preparer, prepare their
Read MoreShould You Use An Accountant or Tax Software To Do Your Tax Return?
When I eventually get around to thinking about preparing my income tax return, the first thing I do is to check to see if there
Before you accept what you think is that dream job in some tropical paradise, here are a few things you should consider before you make
Read MoreThings to Consider Before You Take That Dream Job in Paradise
Sneaky Pete is self-employed as a consulting engineer in the construction industry. He works around the country for various companies on a contract basis. Some