The “digital economy” is now worth equivalent to ~15% of global GDP according to the World Bank, and so it is little surprise that its rise has sparked global debate - the most critical of which is the discussion regarding the most appropriate, fair, and efficient way of taxing so-called “digital services” which is […]
All posts by coreyrleblanc
Week in Review - October 18, 2020
Home Office Tax Deductions Simplified - More Changes May Come Yet: The Canada Revenue Agency is making changes to the Form T2200 - which is the form the CRA requires employers to sign confirming an employee’s eligibility to claim expenses - in order to simply home office tax deductions, in response to changing work […]
The Toronto Maple Leafs, The Canada Revenue Agency, and The Joy of Legal Research
Jesse McLean, a Staff Reporter with the Toronto Star, broke a seemingly lurid story late last month regarding an alleged “tax loss creation scheme” conducted by two former Toronto Maple Leafs players; Darcy Tucker and Shayne Corson. The story recounts allegations made by the Canada Revenue Agency against the two former Maple Leafs stars, […]
Week in Review - October 2, 2020
Federal Government Quietly Promises Automatic Tax Returns in Speech from the Throne: Prime Minister Justin Trudeau's federal government is reportedly set to introduce an automatic tax return system for simple federal tax returns, which could revolutionize access to tax return benefits for many Canadians who do not file returns every year. A study from […]
Week in Review - September 25, 2020
Supreme Court of Canada Reserves Judgement After Two Days of Hearings in "Carbon Tax" Dispute: Following two days of hearings on Tuesday and Wednesday, the Supreme Court of Canada chose to reserve judgement in the critical "carbon tax" series of cases, which unites three separate appeals from the Provinces of Alberta, Saskatchewan, and Ontario, […]
Week in Review - September 18, 2020
US Drops Tariffs on Canadian Aluminum After Canada Considers Reciprocal Measures: The Office of the United States Trade Representative announced on Tuesday that it was dropping a 10% tariff tax on imported Canadian aluminum, after media reports indicated that the Canadian government was considering reciprocal taxes on US goods. The announcement marks the end […]
Week in Review - August 14, 2020
Vancouver Neighbourhood Declares 'Tax Resistance' Until Local Homeless Population Provided Shelter and Supports: Residents of the Strathcona neighbourhood in East Vancouver, B.C., are pledging to withhold property tax payments until a local homeless encampment is dealt with by government officials. Local media in Vancouver are reporting that over 300 people are estimated to be […]
Week in Review - August 07, 2020
Canada's Budgetary Deficit "Manageable" Without Tax Increases if COVID-19 Response Measures Ended Soon, Says Parliamentary Budget Officer: Canada's Parliamentary Budget Officer (PBO) Yves Giroux made comments to media this week that indicate that his office believes that Canada's currently unprecedented budgetary deficit is "manageable" so long as COVID-19 economic response programs are ended soon. […]
Week in Review - July 31, 2020
Tax Court of Canada Rules that B.C. Business Owner Who Faced "Blatant" Racism and Sexism Not Liable for $100,000 in Taxes Owed: The Tax Court of Canada ruled last week that B.C. business owner Karla Penate is not liable for over $100,000 in outstanding taxes from her Vancouver-are roofing business, Delphina Enterprises Ltd, due […]
Week in Review - July 11, 2020
Federal Government Reports $343 Billion Budget Deficit - Biggest Since Second World War: Minister of Finance Bill Morneau revealed on Wednesday that the federal budget is expected to post a deficit of $343 billion - an unprecedented budgetary shortfall, attributed mostly to the government's response measures to the COVID-19 pandemic. Similar levels of spending […]