Information About Thorsteinssons’ Tax Blog
Recent Posts
Below is a preview of the five most recent posts from the blog Thorsteinssons’ Tax Blog. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- British Columbia expands PST to new professional services
Authored by: Adrian Zee, Rosemary Anderson, and Zheting Su The recent 2026 BC Budget announced amendments (the “Amendmentsâ€�) to the Provincial Sales Tax Act (“PSTAâ€�) to eliminate certain exemptions and expand the application of PST to five new categories of professional services starting Oct … Read more »
- Insights from the 2025 CRA Roundtable
At the 2025 CTF Annual Tax Conference, during their annual 2025 roundtable (the “2025 Roundtableâ€�) the Canada Revenue Agency (the “CRAâ€�) answered questions regarding its current administrative views and practices. This blog provides an overview of certain key takeaways from the 2025 Roundtab … Read more »
- Favourable changes to the Voluntary Disclosures Program for non-compliant taxpayers
The Canada Revenue Agency (the “CRAâ€�) administers the Voluntary Disclosures Program (“VDPâ€�) to grant penalty and/or interest relief to taxpayers who voluntarily disclose errors or omissions in their past tax filings and pay the taxes owing, provided they meet the eligibility requirements of … Read more »
- The cost of inadvertent settlement offer disclosure: Technology Venture Corporation v The King
Overview The Tax Court of Canada Rules (General Procedure) provide that a party may be entitled to substantial indemnity costs if the party makes a settlement offer and ends up obtaining an outcome at trial as favourable as or more favourable than that offer. In Technology Venture Corporation v The … Read more »
- The taxpayer relief provisions: Accessing relief from penalties and interest
Overview Tax disputes generally hinge on whether the imposition of taxes and penalties is correct. However, there are situations where a taxpayer can be granted relief from the imposition of penalties and/or interest even if they were correctly levied. Subsection 220(3.1) of the Income Tax Act (“I … Read more »