Airbnb and Short-Term Rental CRA Tax Audits in Canada
🏠If you operate an Airbnb or short-term rental in Canada, the CRA will strictly audit your tax returns. Under the new rules actively enforced as of 2026, if your property…
by lawyerinfo.caJun 16 No commentsHow the CRA Audits Rental Income and Denied Expenses in Canada
💡If the Canada Revenue Agency (CRA) audits your rental property and denies your expenses, you could face a massive tax reassessment. The most common dispute involves the CRA reclassifying a…
by lawyerinfo.caJun 16 No commentsCRA Audits on TFSA Day Trading in Canada: When Tax-Free Becomes Taxable
💡If the CRA determines you are running a highly active day-trading business inside your Tax-Free Savings Account (TFSA), they will aggressively strip away your tax-exempt status. All massive trading profits…
by lawyerinfo.caJun 16 No commentsDefending Against CRA Denials of Crypto Business Losses in Canada
💡If the Canada Revenue Agency (CRA) denies your cryptocurrency business losses, you generally have 90 days from your Notice of Assessment to formally object. Proving you were running an active…
by lawyerinfo.caJun 16 No commentsCRA Audits on Real Estate Commissions and Agent Expenses in Canada
💼Canadian real estate agents are a prime target for CRA tax audits. The CRA routinely aggressively reviews vehicle logbooks, marketing expenses, and client gifts. If you cannot provide a daily…
by lawyerinfo.caJun 16 No commentsCRA Audits on Cash-Intensive Businesses in Canada
💡The CRA aggressively targets cash-intensive businesses like restaurants, hair salons, and retail stores. During an audit, if your records are poor, the CRA uses “indirect verification methods” (like a markup…
by lawyerinfo.caJun 16 No commentsCRA GST/HST New Housing Rebate Denials in Canada: How to Appeal
💡The CRA frequently denies the GST/HST New Housing Rebate to buyers who fail to prove the home is their primary residence. If you are reassessed because you flipped the property…
by lawyerinfo.caJun 16 No commentsCRA Audits on Pre-Construction Assignment Sales in Canada
💡The CRA aggressively targets pre-construction assignment sales, treating the profits as 100% taxable business income rather than capital gains. Furthermore, you may be hit with a massive reassessment for failing…
by lawyerinfo.caJun 16 No commentsBare Trust CRA Reporting Penalties in Canada: What to Do
💡The Canada Revenue Agency (CRA) now requires most “bare trusts” to file an annual T3 Trust Income Tax and Information Return, along with Schedule 15. This includes parents who co-sign…
by lawyerinfo.caJun 16 No commentsDefending Against CRA Property Flipping Audits in Canada
💡Under Canada’s strict anti-flipping rules, selling a residential property owned for less than 12 months automatically triggers full business income taxation on your profits. To defend against this CRA audit,…
by lawyerinfo.caJun 16 No commentsCRA Principal Residence Exemption Audits in Canada: Denials and Defenses
💡The Canada Revenue Agency (CRA) aggressively audits the Principal Residence Exemption (PRE) to catch serial home flippers. If your claim is denied, you could owe massive taxes on the profit…
by lawyerinfo.caJun 16 No commentsVenture Capital Corporations (VCC) in Canada: Structuring for Provincial Tax Credits
💡Structuring your Canadian startup as an Eligible Business Corporation (EBC) or setting up a Venture Capital Corporation (VCC) can provide your angel investors with a refundable provincial tax credit of…
by lawyerinfo.caJun 16 No commentsPromissory Notes in Canada: Legal Requirements for Enforceability
💸A promissory note is a legally binding document where you promise to repay a specific loan. To be legally enforceable in Canada under the federal Bills of Exchange Act, it…
by lawyerinfo.caJun 16 No commentsSection 15(2) Shareholder Loans: How to Borrow from Your Canadian Corporation Legally
💡Under Section 15(2) of the Income Tax Act, any money you borrow from your Canadian corporation must generally be repaid within one year after the end of the corporation’s taxation…
by lawyerinfo.caJun 16 No commentsIssuing Preferred vs Common Shares in a Canadian Corporation
💡In Canada, Common Shares typically provide voting rights and participate in the company’s growth, while Preferred Shares act more like a fixed investment, offering priority dividend payments and protection if…
by lawyerinfo.caJun 16 No commentsIssuing Share Warrants vs Options to Canadian Corporate Investors
💸While both options and warrants give the holder the right to buy corporate shares at a fixed price, they serve different legal purposes in Canada. Stock options are generally granted…
by lawyerinfo.caJun 16 No commentsCapital Dividend Account (CDA) Planning: Extracting Tax-Free Cash in Canada
💡The Capital Dividend Account (CDA) is a notional corporate account that tracks the tax-free portion of your company’s capital gains and life insurance proceeds. By filing Form T2054 with the…
by lawyerinfo.caJun 16 No commentsUnderstanding RDTOH: Refundable Dividend Tax on Hand for Canadian Holdcos
💰Refundable Dividend Tax on Hand (RDTOH) is a tax mechanism designed by the Canada Revenue Agency (CRA) to prevent business owners from hiding passive investment income inside a corporation to…
by lawyerinfo.caJun 16 No commentsHow to Register a Lien under the PPSA in Canada
💻The Personal Property Security Act (PPSA) is a provincial registry system used across Canada to record liens on personal property. To legally protect your financial interest against bankruptcies or other…
by lawyerinfo.caJun 16 No commentsGeneral Security Agreements (GSA) Explained for Canadian Commercial Loans
🔒A General Security Agreement (GSA) is a vital contract that allows a Canadian lender to secure a commercial loan against a business’s assets. If the company fails to repay the…
by lawyerinfo.caJun 16 No commentsConvertible Notes vs SAFE Agreements for Canadian Tech Startups
💡When raising early capital in Canada, founders must choose between Convertible Notes and SAFEs. A Convertible Note is actual debt that accrues interest and has a mandatory repayment date. A…
by lawyerinfo.caJun 16 No comments
Popular & AI Tools
⚖️ Lawyers to Help You in Canada
👨⚖️ Duval Avocat & Fiscaliste – Longueuil, QC
🎯 Specialization: Tax Litigation, Corporate Tax Planning, Estate Planning, Voluntary Disclosures
🗣️ Languages: French, English
📍 Address: 50 Rue Saint-Charles O suite 100, Longueuil, Quebec
👨⚖️ MNP Ltée – Syndic Autorisé en Insolvabilité – Repentigny, QC
✨ Free Consultation
🎯 Specialization: Consumer Proposals, Personal Bankruptcy, Debt Consolidation, Corporate Restructuring
🗣️ Languages: French, English
📍 Address: 46 Boul. Brien, Repentigny, Quebec
🏢 Est: 1958
👨⚖️ Pitblado Law – Winnipeg, MB
🎯 Specialization: Commercial Litigation, Labour and Employment, Tax Planning, Indigenous Law
🗣️ Languages: English, French
📍 Address: 360 Main St, Winnipeg, Manitoba
🏢 Est: 1882
👨⚖️ FARBER Debt Solutions – Guelph, ON
✨ Free Consultation
🎯 Specialization: Consumer Proposals, Bankruptcy, Debt Consolidation, Corporate Restructuring, Tax Debt
🗣️ Languages: English
📍 Address: 42 Carden St #10Carden, Guelph, Ontario
🏢 Est: 1979
👨⚖️ S.R. Stack & Company Ltd. – St. John's, NL
✨ Free Consultation
🎯 Specialization: Consumer Proposals, Personal Bankruptcy, Debt Consolidation, Credit Counselling
🗣️ Languages: English
📍 Address: 86 Elizabeth Ave, St. John's, Newfoundland and Labrador
👨⚖️ Grinhaus Law Firm – Toronto, ON
🎯 Specialization: Cryptocurrency Law, Professional Corporations, Tax Reorganization, Cross-Border Business, Estate Freezes
🗣️ Languages: English, French
📍 Address: 234 Eglinton Ave E Suite 501, Toronto, Ontario
🏢 Est: 2012
👨⚖️ BCF Business Law – Montreal, QC
🎯 Specialization: Mergers and Acquisitions, Venture Capital, Intellectual Property, Commercial Litigation, Tax Planning
🗣️ Languages: English, French
📍 Address: 1100 René-Lévesque Blvd W, Montreal, Quebec
🏢 Est: 1995
👨⚖️ MNP Debt – Waterloo, ON
✨ Free Consultation
🎯 Specialization: Consumer Proposals, Personal Bankruptcy, Debt Counselling
🗣️ Languages: English
📍 Address: 139 Northfield Dr W, Waterloo, Ontario
🏢 Est: 1996
👨⚖️ Affilia Legal LLP – Montreal, QC
🎯 Specialization: International Trade, Customs Law, Cross-Border Mergers, IP Protection, Commercial Arbitration
🗣️ Languages: English, French, Spanish, German, Portuguese, Arabic, Mandarin, Italian
📍 Address: 2020 Blvd Robert-Bourassa, Montreal, Quebec
🏢 Est: 2008
👨⚖️ Therrien Couture Joli-Coeur – Laval, QC
🎯 Specialization: Mergers and Acquisitions, Tax Planning, Commercial Litigation
🗣️ Languages: English, French, Spanish
📍 Address: 3111 Blvd Saint-Martin O, Laval, Quebec
🏢 Est: 1994
🏛️ Relevant Courts & Agencies in Canada
🏛️ Courts Administration Service – Calgary, AB
🚶 Walk-ins Welcome
⚙️ Services: Court Records, Certified Copies, Registry Filings
📍 635 8 Ave SW, Calgary, Alberta
🏛️ Courts Administration Service – Edmonton, AB
🚶 Walk-ins Welcome
⚙️ Services: Federal Court Records, Certified Copies, Registry Filings
📍 10060 Jasper Ave, Edmonton, Alberta
🏛️ Canada Federal Court-Appeal – Edmonton, AB
🚶 Walk-ins Welcome
⚙️ Services: Appellate Court Records, Judgments, Transcripts
📍 10060 Jasper Ave, Edmonton, Alberta
🏛️ Courts Administration Service – Montreal, QC
📅 Appt. Recommended
⚙️ Services: Court Records, Judgments, Orders, Writs of Seizure, Certified Copies
📍 30 McGill St, Montreal, Quebec
🏛️ 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
🏛️ Gov't of Canada Courts – Vancouver, BC
⚙️ Services: Federal Court Registry, Tax Court Registry
📍 701 W Georgia St, Vancouver, British Columbia
🏛️ Office of the Commissioner for Federal Judicial Affairs Canada – Ottawa, ON
⚙️ Services: Federal Courts Reports, Judicial Appointments Secretariat
📍 99 Metcalfe St, Ottawa, Ontario
🏛️ Federal Court of Canada – Ottawa, ON
📅 Appt. Recommended
⚙️ Services: Court Orders, Judgments, Hearing Lists, Case Summaries
📍 90 Sparks St., Ottawa, Ontario
🏛️ Canada Place – Edmonton, AB
📅 Appt. Recommended
⚙️ Services: Social Insurance Number, Canadian Passport, Employment Insurance, Canada Pension Plan
📍 9700 Jasper Ave, Edmonton, Alberta
🏛️ Newmarket Federal Crown Office – Newmarket, ON
⚙️ Services: Federal Prosecution, Drug Prosecution Team, Regulatory Compliance
📍 50 Eagle St W, Newmarket, Ontario
