The CRA is keeping tax cheat data secret, breaking minister’s commitment

National Revenue Minister Diane Lebouthillier committed in February to release data on requests for information made through Canada’s world-leading 115 tax treaties and agreements.  (Justin Tang / THE CANADIAN PRESS)   Canada’s tax authority refuses to say how often it has used international treaties and agreements to obtain information on tax cheats, despite a commitment by the […]

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Trudeau rejects call for 5% tax on broadband Internet services

By Andy BlatchfordThe Canadian Press Thu., June 15, 2017 OTTAWA—Prime Minister Justin Trudeau is shooting down a parliamentary committee’s recommendation that Ottawa impose a 5 per cent tax on broadband Internet services as a way to “level the playing field” in Canada’s rapidly evolving news industry. Liberal members of the Commons heritage committee released a […]

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Top 7 Tax Resolution Lessons Learned from the Worst Cases of Celebrity Tax Evasion

No one is safe from the IRS! Famous people have IRS troubles just like average people. But you have the edge over the A-list. You can learn very important lessons on how to avoid IRS tax problems from these celebrity tax evasion cases. With paparazzi watching their every move and stalkers digging through their trash, […]

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Investing in Film Using Irs Section 181 for Federal Tax Credits Vs. New Markets Real Estate Credits

THE NEW MARKETS TAX CREDIT The New Markets Tax Credit (NMTC) Program permits taxpayers to receive a credit against Federal income taxes for making qualified equity investments in designated Community Development Entities (CDEs). Substantially all of the qualified equity investment must in turn be used by the CDE to provide investments in low-income communities. The […]

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