The general rule under section 67 is that a deduction for an outlay or expense cannot be made unless it was reasonable in the circumstances. Regulation 1100 (11) provides that a deduction in respect ...

Gevorg Grigoryan, a chartered professional accountant and CPA program coach and mentor, notes “that a total of 1,386 ...

THE accounting profession is undergoing a profound transformation driven by advances in artificial intelligence. From intelligent automation to predictive analytics, AI is no longer a distant ...

In Bank of Nova Scotia v His Majesty the King, the Federal Court of Appeal (FCA) confirmed the Tax Court's decision that arrears interest could accrue until the date of a reassessment, even in ...

In Mann v. The King, 2023 TCC 151, the Tax Court of Canada reaffirmed the Canada Revenue Agency's authority to use the net ...

President Donald Trump has said he will impose tariffs of up to 50 per cent on dozens of countries, including Canada, ...

CANMORE, AB, July 3, 2025 – The Building Industry and Land Development (BILD) Alberta Association is asking the Government of Alberta to review Canmore’s vacancy tax bylaw, citing concerns about the ...

FOR more than 50 years, tax reform has been a recurring theme in federal election campaigns. Every party pledges to make the system simpler, fairer, and more modern. Yet the facts show that little has ...

Editor's Note: Canadian Accountant occasionally publishes content from outside Canada that may be of interest to readers. FOLLOWING a sharp drop in Tesla’s share price, outlets reported that the world ...

A lesser-known aspect of estate planning for British Columbians is “probate planning”, or taking steps to minimize the value of the assets that are governed by your Will in order to reduce the delays ...

TECH giants like Google, Facebook and Netflix make billions of dollars from Australian users every year. But most of those profits are not taxed here. To address this tax gap, some countries have ...