OBA Taxation Law | Original Program Date: February 4, 2020
Is it true that “if you have nothing to hide, you have nothing to fear”? What about taxpayer information? In recent months and years, provincial Legislatures and the federal Parliament have passed a variety of requirements to disclose information or maintain corporate registries, including with respect to real estate interests and individuals who have significant control over a corporation. What do these changes mean for tax law and planning, interacting with the Canadian Revenue Agency (CRA), and supporting client interests?
The CRA’s broad power to require taxpayers and others to provide information can be enforced by applying to the Federal Court for a “compliance order” and ultimately contempt of court. What can and can’t the CRA ask for? Who can the CRA get information from, and how does this affect third parties and unnamed parties? Is apprehension appropriate in light of expanded information held in corporate registries?
Join us for a close look at the CRA’s power to issue RFIs requiring taxpayers to provide information, and a discussion of the tax implications flowing from legislators’ recent broadening of corporate registries. Our experienced faculty will bring these corporate legal changes into focus under a tax planning and advocacy lens.
PROGRAM CHAIRS
Janine Innes, Barrister and Solicitor
Jesse Waslowski, Aird & Berlis LLP
AGENDA
To view the full program agenda, please click here.