Claiming the Section 7 Stock Option Deduction in Canada
💡When you exercise employee stock options in Canada, the profit is normally taxed as regular employment income. However, under Section 7 of the Income Tax Act, you may qualify for…
by lawyerinfo.caJun 17 No commentsPhantom Stock Plans vs Traditional Equity for Canadian Key Employees
💡A Phantom Stock Plan in Canada provides key employees with cash bonuses tied to the company’s stock value, avoiding the complexities of issuing real shares. While traditional equity makes the…
by lawyerinfo.caJun 17 No commentsKey Person Insurance in Canada: Tax Treatment of Corporate Premiums and Payouts
💡Key person life insurance protects your Canadian business if a vital team member passes away. Generally, the premiums are not tax-deductible. However, the death benefit pays out entirely tax-free to…
by lawyerinfo.caJun 17 No commentsPersonal Guarantees for Commercial Loans in Canada: Why Independent Legal Advice Matters
💡In Canada, signing a personal guarantee makes you personally liable for your company’s commercial loan. To enforce this, banks almost always require a certificate of Independent Legal Advice (ILA) from…
by lawyerinfo.caJun 17 No commentsHow to Set Up an Employee Stock Option Plan (ESOP) in Canada
💡Setting up an Employee Stock Option Plan (ESOP) helps Canadian private companies attract top talent by offering equity. Drafting the legal plan and filing corporate resolutions usually takes 3 to…
by lawyerinfo.caJun 17 No commentsMezzanine Financing Legal Structures for Canadian Mid-Market Companies
💡Mezzanine financing provides Canadian mid-market companies with flexible capital that sits between senior bank debt and equity. Structuring these deals involves complex intercreditor agreements and equity kickers, with corporate law…
by lawyerinfo.caJun 17 No commentsCanada Emergency Wage Subsidy (CEWS) Audits: Defending Canadian Employers
💡If the CRA audits your business and demands a massive CEWS clawback, you must file a Notice of Objection within 90 days. While filing is free, retaining a Canadian corporate…
by lawyerinfo.caJun 17 No commentsAppealing Canada Recovery Benefit (CRB) Denials and Reassessments
💡If the Canada Revenue Agency (CRA) denies your CRB claim or demands repayment, you must request a Second Review within 30 days. If denied again, your only option is a…
by lawyerinfo.caJun 17 No commentsAppealing a CRA Denial of the Disability Tax Credit (DTC) in Canada
💡If the CRA denies your Form T2201, you must file a Notice of Objection within 90 days. Gathering stronger medical evidence is crucial. Filing the objection is free, but hiring…
by lawyerinfo.caJun 17 No commentsHow to Use ATIP (Access to Information) to Get Your CRA Audit File in Canada
💡If the Canada Revenue Agency (CRA) audits you, you have a legal right to see the auditor’s internal notes, working papers, and penalty recommendations (the T20 report). You can obtain…
by lawyerinfo.caJun 17 No commentsFederal Court Judicial Review of CRA Decisions in Canada: Costs and Timelines
💡If the Canada Revenue Agency (CRA) denies a discretionary request, such as Taxpayer Relief to cancel penalties and interest, you cannot appeal to the Tax Court. Instead, you must file…
by lawyerinfo.caJun 17 No commentsMandamus Applications Against the CRA in Canada: Forcing a Decision
💡If the Canada Revenue Agency (CRA) unreasonably delays processing your audit, tax refund, or Taxpayer Relief request for years, you can apply for a Writ of Mandamus at the Federal…
by lawyerinfo.caJun 17 No commentsCRA Audits on CEBA Loan Forgiveness Eligibility in Canada
💡If the CRA denied your Canada Emergency Business Account (CEBA) loan forgiveness, you can dispute the ruling. Most disputes revolve around proving your business had at least $40,000 CAD in…
by lawyerinfo.caJun 17 No commentsTax Court of Canada Discovery Process: What Evidence the CRA Must Share
💡In a General Procedure appeal at the Tax Court of Canada, the pre-trial discovery phase forces the Canada Revenue Agency (CRA) to share all their internal audit evidence. Your tax…
by lawyerinfo.caJun 17 No commentsDefending Against CRA Jeopardy Assessments in Canada
💡As of May 2026, a CRA Jeopardy Assessment allows the government to bypass the standard 90-day waiting period and instantly seize your bank accounts and property. This extreme measure is…
by lawyerinfo.caJun 17 No commentsDefending Against CRA CERB Repayment Demands and Audits in Canada
💡If the Canada Revenue Agency (CRA) demands you repay your Canada Emergency Response Benefit (CERB), you have the legal right to dispute it. Most audits focus on proving you earned…
by lawyerinfo.caJun 17 No commentsCRA Audits on Employee Allowances and Reimbursements in Canada
💡The Canada Revenue Agency (CRA) heavily audits payroll to see if employee allowances are actually hidden taxable income. To prove a payment is a non-taxable reimbursement, it must be based…
by lawyerinfo.caJun 17 No commentsWhat to Do When the CRA Sends a Requirement to Pay (RTP) to Your Clients in Canada
💡If your business ignores tax arrears, the Canada Revenue Agency (CRA) can issue a Requirement to Pay (RTP) directly to your clients. This legally forces your clients to send the…
by lawyerinfo.caJun 17 No commentsCRA Section 160 Assessments in Canada: Liability for a Spouse’s Tax Debt
💡Under Section 160 of the Income Tax Act, the CRA can chase tax debts by assessing family members who received property for less than Fair Market Value (FMV). You become…
by lawyerinfo.caJun 17 No commentsHow Much Does a Tax Lawyer Cost to Fight the CRA in Canada?
💡As of May 2026, hiring a Canadian tax lawyer to fight the Canada Revenue Agency typically costs between $300 and $800+ CAD per hour. For simple audits or drafting a…
by lawyerinfo.caJun 17 No commentsHow to Remove a CRA Property Lien in Canada
💡To remove a Canada Revenue Agency (CRA) property lien (a memorial or writ), you must generally pay the underlying tax debt in full or negotiate an irrevocable letter of undertaking…
by lawyerinfo.caJun 17 No comments
Popular & AI Tools
⚖️ Lawyers to Help You in Canada
👨⚖️ SimpsonWigle LAW LLP – Hamilton, ON
🎯 Specialization: Business Law, Commercial Real Estate, Estate Planning, Condominium Law
🗣️ Languages: English
📍 Address: 1 Hunter St E, Hamilton, Ontario
🏢 Est: 1898
👨⚖️ Beitel Tax Law – Toronto, ON
🎯 Specialization: CRA Dispute Resolution, Owner-Manager Tax Issues, Net Worth Audits, Tax Litigation
🗣️ Languages: English
📍 Address: Suite 1000, 390 Bay St., Toronto, Ontario
🏢 Est: 2023
👨⚖️ Daniel Brinza Law Professional Corporation – Oakville, ON
✨ Free Consultation
🎯 Specialization: Patents, Trademarks, Copyright, Licensing, Industrial Designs
🗣️ Languages: English
📍 Address: 1155 North Service Rd W, Oakville, Ontario
🏢 Est: 2014
👨⚖️ Stemp and Company – Calgary, AB
🎯 Specialization: Patent Prosecution, Trademark Registration, Industrial Design
🗣️ Languages: English
📍 Address: 734 7 Ave SW, Calgary, Alberta
🏢 Est: 1976
👨⚖️ Cox & Palmer – Halifax, NS
🎯 Specialization: Corporate Commercial, Insurance Defence, Commercial Litigation
🗣️ Languages: English, French
📍 Address: 1625 Grafton St, Halifax, Nova Scotia
🏢 Est: 1888
👨⚖️ MBM Intellectual Property Law – Montreal, QC
🎯 Specialization: Patent Prosecution, Trademark Litigation, Regulatory Affairs, Industrial Designs
🗣️ Languages: English, French, Mandarin
📍 Address: 1010 Sherbrooke St W, Montreal, Quebec
🏢 Est: 1994
👨⚖️ Yuri Chumak – Toronto, ON
🎯 Specialization: Patent Prosecution, Trademark Registration, IP Litigation, Domain Name Disputes, Technology Licensing
🗣️ Languages: English
📍 Address: 1201 Dundas St E #201, Toronto, Ontario
🏢 Est: 2006
👨⚖️ Kunjar Sharma and Associates Licensed Insolvency Trustees – Toronto, ON
✨ Free Consultation
🎯 Specialization: Multicultural Services, Consumer Proposals, Small Business Restructuring, Tax Debt
🗣️ Languages: English, French, Cantonese, Mandarin, Hindi, Punjabi, Urdu, Russian, Korean, Arabic, German
📍 Address: 120 Eglinton Ave E, Toronto, Ontario
🏢 Est: 2003
👨⚖️ Rosen and Associates Tax Law – Toronto, ON
✨ Free Consultation
🎯 Specialization: CRA Audits, Tax Litigation, Voluntary Disclosures, Net Worth Audits, Unreported Income
🗣️ Languages: English
📍 Address: 375 University Ave, Toronto, Ontario
👨⚖️ Capital Tax Law – Mississauga, ON
✨ Free Consultation
🎯 Specialization: CRA Tax Disputes, Taxpayer Relief Applications, Voluntary Disclosures, Real Estate Tax Implications
🗣️ Languages: English
📍 Address: 1965 Britannia Rd W, Mississauga, Ontario
🏛️ Relevant Courts & Agencies in Canada
🏛️ Newmarket Federal Crown Office – Newmarket, ON
⚙️ Services: Federal Prosecution, Drug Prosecution Team, Regulatory Compliance
📍 50 Eagle St W, Newmarket, Ontario
🏛️ Office of the Commissioner for Federal Judicial Affairs Canada – Ottawa, ON
⚙️ Services: Federal Courts Reports, Judicial Appointments Secretariat
📍 99 Metcalfe St, Ottawa, Ontario
🏛️ Courts Administration Service – Calgary, AB
🚶 Walk-ins Welcome
⚙️ Services: Court Records, Certified Copies, Registry Filings
📍 635 8 Ave SW, Calgary, Alberta
🏛️ Canada Place – Edmonton, AB
📅 Appt. Recommended
⚙️ Services: Social Insurance Number, Canadian Passport, Employment Insurance, Canada Pension Plan
📍 9700 Jasper Ave, Edmonton, Alberta
🏛️ Service Canada Centre – Kelowna, BC
📅 Appt. Recommended
⚙️ Services: Social Insurance Number, Passports, Records of Employment
📍 118B-1835 Gordon Dr, Kelowna, British Columbia
🏛️ Competition Tribunal – Ottawa, ON
⚙️ Services: Tribunal Orders, Case Filings
📍 90 Sparks St., Ottawa, Ontario
🏛️ Federal Court – Toronto, ON
📅 Appt. Recommended
⚙️ Services: Registry Office, Judicial Review, Admiralty Court
📍 180 Queen St W, Toronto, Ontario
⚖️ Military Police Detachment St. John's – St. John's, NL
⚙️ Services: Military ID, Security Clearance, Police Reports, Incident Verification
📍 145 Churchill Ave, St. John's, Newfoundland and Labrador
🏛️ Supreme Court of Canada – Ottawa, ON
📅 Appt. Recommended
⚙️ Services: Supreme Court Judgments, Case Files, Leave Applications, Hearing Transcripts
📍 301 Wellington St, Ottawa, Ontario
🏛️ Immigration and Refugee Board of Canada – Montreal, QC
⚙️ Services: Refugee Protection Division, Immigration Appeal Division, Immigration Division, Refugee Appeal Division
📍 200 René-Lévesque Blvd W, Montreal, Quebec
