Information About Rosen Tax Law Blog

Bare trusts can be a useful tool in real estate transactions for privacy and tax neutrality, yet they are often misunderstood or overlooked. Like all tax planning tools, bare trusts come with compliance obligations that property owners should be aware of, especially, in light of recent changes to ba … Read more »

Being on the receiving end of legal action from the Canada Revenue Agency (“CRAâ€�) can be incredibly stressful. Taxpayers who receive a “Requirement To Payâ€� are often already aware of an outstanding tax liability and may have received prior correspondence or collection calls from the CRA. At … Read more »

Selling a property already comes with many stresses and complexities, but when the CRA places a lien on the property, those complexities increase. Whether you’re a homeowner or investor, understanding how CRA liens affect real estate transactions is essential to avoiding costly delays or surprises … Read more »

Buying a home is often one of the largest investments a Canadian taxpayer will make. What many homeowners do not realize, however, is that selling a property can have significant tax consequences depending on the circumstances of the sale. In many situations, the principal residence exemption (“PR … Read more »

When the Canada Revenue Agency (“CRAâ€�) challenges a taxpayer filings or issues a reassessment, the resulting dispute can be both stressful and financially significant. These situations, known as tax controversies, often involve complex procedural rules, tight deadlines, and detailed legal argume … Read more »