Taxpayers are entitled to use the mark-to-market method to compute income for federal tax purposes if it provides a more accurate picture of a taxpayer’s income, ruled the Federal Court of Appeal.
Yacine Agnaou is one of a handful of Canadian lawyers who took on Quebec tax authorities and plead a case so successfully that now others are trying to follow suit. Now Agnaou is immersed in another legal battle against another government department, and once again the odds of winning are stacked against him. […]
The Tax Court of Canada, in yet another legal blow to Quebec’s tax authorities, chastised Revenue Quebec for expecting business to act as a “tax police” after it withheld input tax credits from a meat processing company because it ostensibly had not been diligent in its dealings with its suppliers. […]
Edgar Schmidt, a soft-spoken lawyer, joins a growing list of Canadian whistleblowers who quickly discover that disclosing potential wrongdoing in the workplace almost always leaves them vulnerable. […]