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McCarthy Tétrault Tax Perspectives Blog

Articles: 1-10 of 102

The Notice of Non-Compliance: CRA Gets a New Tool to Help Audit Taxpayers

Canada - November 18 2025 In the 2025 Federal Budget, the Canadian Government confirmed that it intends to proceed with measures with respect to non-compliance with…

2025 Ontario Economic Outlook and Fiscal Review - Tax Highlights

Canada - November 7 2025 On November 6, 2025, the Ontario Finance Minister released the 2025 Ontario Economic Outlook and Fiscal Review: A Plan to Protect Ontario (2025…

Significant Positive Changes to Reinvigorate the Voluntary Disclosures Program for Income Tax and GST/HST

Canada - September 29 2025 On September 10, 2025, the Canada Revenue Agency (“CRA”) announced substantial changes to its Voluntary Disclosures Program (“VDP”). In summary…

Tax Court Confirms that Interest on Income Taxes are Not Deductible, Whether Foreign or Domestic

Canada - September 8 2025 In its recent decision of Bank of Montreal v The King, the Tax Court of Canada denied the deductibility of interest paid on unpaid foreign tax…

Changes to Quebec Real Estate Transfer Duties - Group Transfer

Canada - August 13 2025 On July 17, 2025, the Québec Minister of Finance released Information Bulletin 2025-5, “Changes to certain exemptions from the payment of transfer…

Settlements: Tax Outcomes Every Litigator Needs to Know

Canada - July 10 2025 Damages, settlement payments and indemnity payments frequently arise as a result of disputes in the commercial context. The income tax treatment of…

MEGlobal Canada ULC v. The King: When Split Jurisdiction Leaves a Gap in Relief

Canada - June 24 2025 On March 26, 2025, the Tax Court of Canada (the “Tax Court”) held that it lacked jurisdiction to hear an appeal from MEGlobal Canada ULC (the…

A Big Beautiful Blog: Base Erosion, Canada, and a Big American Bill

Canada, USA - June 13 2025 On May 22, 2025, the U.S. House of Representatives passed the One Big Beautiful Bill Act (the “OBBBA”). The OBBBA includes a proposal (referred to as…

Input Tax Credit Documentation

Canada - June 11 2025 Randy Schwartz, Simon Douville, and Hubert Cadotte recently spoke at the Tax Executive Institute 2025 Annual Meeting in Ottawa on the challenges…

Key Takeaways from Tax Perspectives: April 2025

Canada, USA - April 30 2025 In our recent McCarthy Tétrault Tax Perspectives tour, speakers from McCarthy Tétrault’s National Tax Group led a practical disc…