Yes
No
1.
CRA feels that they have a right to access any document including accountants’ and auditors’ working papers that relate to a taxpayer’s books and records during the audit process.
2.
CRA will not permit the care in an educational institution before and after school as a child care expense.
3.
A Cost-Plus Plan may be considered as a Private Health Services Plan by CRA.
4.
When CRA reassesses a corporation for GST and the corporation does not object to the assessment and the director is assessed for the GST because the company has not paid it, the director does not have any recourse as to questioning the accuracy of the GST assessment.
5.
A taxpayer should have no problem getting the penalties waived on a late Foreign Income Verification Statement, Form T1135, if the income had been reported properly on the tax return even though there has been a bad history on previous filings by the taxpayer.
6.
When Mr. A and Mr. B own Companies ACO and BCO respectively which own the shares of CCO which carries on an active business, CRA note that carrying on a new business via a Corporate Partnership to obtain an extra small business deduction would not, in and of itself, cause the denial of the claim for the small business deduction by the Corporate Partners.
7.
When Father’s corporation is amalgamated with the Child’s corporation, there is no potential for double taxation even if the shares that Father receives in AMALCO have a lower value than the shares that he owned in the predecessor corporation.
8.
There is a CRA publication which can be given to a charity which will provide them with information on the payroll process.
9.
Where a taxpayer avoided British Columbia PST of $4 million by structuring a purchase of an asset as a purchase, resale and a leaseback, the Province of British Columbia were successful in challenging this avoidance of PST.
10.
Where a Canadian Estate makes a payment to a non-resident beneficiary, there are no withholding taxes and no reporting obligations to CRA.
11.
There are procedures which may be used with Smart Phones (iPhone, Blackberry, etc.) which can provide for inexpensive long distance telephone calls.
12.
All sales to Provincial Government Agencies are not subject to GST/HST.
13.
There are CRA Releases which specifically provide information for persons who are becoming resident of Canada with respect to listing assets, duty and tax-free importation rules, declaring goods, etc.
14.
The penalty for not complying with the requirement for corporations with gross revenues over $1 million to electronically file their tax returns for taxation years ending after 2009 does not commence until taxation years ending after 2010.
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