News Room

AUTHREP Changed July 15

Since July 15, the "Authorize a Representative" service in EFILE, accessed through tax software, will no longer be available. Tax professionals must now use the Represent a Client (RAC) portal to request online access to a client’s account.

Don’t Miss It: Professional T1 Tax Update January 20 - 23

Secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!

DAC 2015 is Heading to Puerto Vallarta, Mexico

The Distinguished Advisor Conference™ (DAC) will be held November 8-11, 2015 in Puerto Vallarta.

Happy New Year:  2015 is Brimming with Generous Tax Preferences

Happy New Year and welcome to a brand new tax year. 

Tax Changes for 2015

The new tax forms were available as of January 7 and CRA has recently posted a partial list of new tax and benefit changes and online services for the 2015 tax filing season, encouraging people to file online and use their online services.

CRA Not Entitled to Rectification Application

The Ontario Superior Court of Justice recently held that in certain circumstances the Canada Revenue Agency (CRA) is not entitled to notice of a rectification application as it pertains to a trust.

New Contractual Duty of Good Faith

Recently, a unanimous Supreme Court of Canada (SCC) recently created a new common law duty of good faith between contractual parties in Canada. This new extension of the common law will certainly affect business in Canada, but just how far the duty will extend is yet to be known.
 
 
 
Knowledge Bureau Poll Question

Do you believe Canada’s tax system based, on self-assessment, has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?

  • Yes
    358 votes
    70.75%
  • No
    148 votes
    29.25%