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Anna Malazhavaya
Apr 19, 2024
2024 Federal Budget Changes in Tax on Capital Gain: What They Mean to "Rich" and "Regular" Canadians
This is a case study about several Toronto investors who hold identical assets with identical accrued capital gains. Until June 25,...
Anna Malazhavaya
Feb 10, 2024
Basic Guide on Bare Trusts for Canadian Taxpayers
Under the new trust reporting requirements in the Income Tax Act (Canada), trustees of the so-called “bare trusts” must file a T3 tax...
Anna Malazhavaya
May 11, 2022
Tax Implications of a Real Estate Assignment: a Tax Exposure Calculator
Tax Implications of a Real Estate Assignment: a Tax Exposure Calculator This article provides an overview of GST/HST and Income Tax rules...
Anna Malazhavaya
Nov 23, 2021
The Future of Tax Audits Looks Digital
This article was originally published by the Lawyers Daily on November 16, 2021. As businesses worldwide invest in data science, so do...
Anna Malazhavaya
Sep 10, 2021
True or False? Political Rumours Around Taxing Gain on Principal Residence: The 2021 Edition
As the Canadian voters prepare to go to the polls, we at Advotax Law traditionally share a summary of political...
Anna Malazhavaya
Jul 13, 2021
Real estate agents' commission rebates can be taxable to clients
There are nearly 40,000 real estate agents in Toronto; that is one agent for every 140 Torontonians! In Vancouver, the numbers are even...
Anna Malazhavaya
Jun 8, 2021
Dispute Resolution and CRA Audit Measures in 2021 Federal Budget
Sharing a copy of the presentation tax lawyer Anna Malazhavaya with the help of articling student Alexandra Ilchuk made on April 27, 2021...
Anna Malazhavaya
May 26, 2021
CRA Can Now Compel Oral Interviews
I never met anyone who said they enjoyed being interviewed by an auditor with the Canada Revenue Agency. For sure, CRA audits can be...
Anna Malazhavaya
Apr 22, 2021
What the CRA already knows or may learn about your crypto portfolio
By Anna Malazhavaya Originally Published on Financial Independence Hub For better or for worse, cryptocurrencies have gained popularity,...
Anna Malazhavaya
Oct 30, 2020
The Halloween Post: CRA Audit Statistics
Since it's almost Halloween night, we are sharing information that scares most business and property owners: the Canada Revenue Agency's...
Anna Malazhavaya
Oct 26, 2020
My Advice to Younger Self as a Tax Lawyer: Q&A Session for the Ontario Bar Association's Newspaper
Earlier this year, I connected with Rachel Gold, the co-editor of the newspaper for the Ontario Bar Association's Tax Section and an...
Anna Malazhavaya
Sep 17, 2020
This taxpayer bought and sold 5 houses in 6 years. The Tax Court decided on his tax liability.
While I avoided detailed case commentaries on my blog to date, the recent Tax Court of Canada's decision in Hansen is too interesting to...
Anna Malazhavaya
Sep 4, 2020
How and When to Spend Your $40,000 CEBA Loan?
This post is about how and when you are allowed to use your $40,000 CEBA funds.
Anna Malazhavaya
Jul 16, 2020
CRA is looking to acquire US real property data involving Canadians.
Canadians who did not declare their real estate interests in the US should contact their tax professionals. On July 8, 2020, the CRA...
Anna Malazhavaya
Jun 19, 2020
Is your CRA Audit or Objection on hold due to COVID-19? Matters may gradually re-start this summer.
This post is about how the CRA plans to re-start its operations following the COVID-19 lockdown.
Anna Malazhavaya
Jun 18, 2020
Sole Proprietor? Dividend Earner? Yes, you may be eligible for the $40,000 CEBA loan.
This post clarifies the recent changes in the CEBA eligibility criteria, especially as they apply to sole proprietors and dividend payers.
Anna Malazhavaya
May 1, 2020
A House Plus HST - Part TWO: How HST Can Eliminate Builders' Business Profit
This video is for builders of new residential houses, especially small construction businesses.
Anna Malazhavaya
Apr 10, 2020
The Flaws of the CEBA Program and How to Fix Them
In this article, I analyze the flaws in the CEBA eligibility criteria and offer solutions.
Anna Malazhavaya
Apr 6, 2020
CERB Available to Non-Eligible Dividend Earners and Self-Proprietors who Reduced their Hours.
As of April 6, 2020, Non-Eligible Dividend Recipients can qualify for the CERB
Anna Malazhavaya
Apr 4, 2020
Salaried Sally, Proprietor Peter and Dividends David: a COVID-19 Support Case Study
All three neighbours are solo small business owners. Their entitlement to financial support from the government is drastically different.
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