Barrett Tax Law - Blogs

CRA Got it Wrong? Fight their Tax Assessment in 3 Steps!

  Disagree with the Canada Revenue Agency’s Notice of Assessment? You don’t have to accept it lying down. You CAN fight their decision by filing a Notice of Objection. Although we recommend that you consult with a tax lawyer before doing so, you can technically object without the help of a tax expert.   Here is how to fight an incorrect CRA tax assessment in 3…

Read on...

Signed a Leaseback Agreement for your New Condo? Congratulations! According to the CRA you are Now a Builder! (originally on The Lawyer’s Daily)

By Dale Barrett – Managing Partner at Barrett Tax Law,  Founder of Lawyers & Lattes Legal Cafe, Author of Tax Survival for Canadians: Stand up to the CRA, Editor of the Family Law and Tax Handbook, and Tax Columnist at the Lawyer’s Daily. Originally published by The Lawyer’s Daily.   If you are or your client is one of the many thousands of people who…

Read on...

The Peril of Family Asset Transfers (originally on The Lawyer’s Daily)

By Dale Barrett – Managing Partner at Barrett Tax Law,  Founder of Lawyers & Lattes Legal Cafe, Author of Tax Survival for Canadians: Stand up to the CRA, Editor of the Family Law and Tax Handbook, and Tax Columnist at the Lawyer’s Daily. Originally published by The Lawyer’s Daily.   Most people don’t think twice before transferring assets between family members. Why would they? People…

Read on...

Dale Barrett Answers Your Pressing Tax Questions (originally on Global News)

As seen on GlobalNews.ca, Dale Barrett, Managing Partner at Barrett Tax Law, answers your pressing tax questions:   THE QUESTION:   I don’t understand the implications of adding my adult child as a joint tenant on my home. I know that there can be capital gains tax implications but don’t really understand how it works. – A Money123 reader    THE ANSWER:   While adding…

Read on...

More Reasons to Abandon the HST (originally on Lawyer’s Daily)

By Dale Barrett – Managing Lawyer at Barrett Tax Law and Tax Columnist at the Lawyer’s Daily. Originally published by the Lawyer’s Daily. In my first article in this series, I expressed the opinion that the entire Harmonized Sales Tax system and its legal framework are fundamentally flawed. I outlined four of the nine problems with HST to help illustrate why it should be abandoned.…

Read on...

HST Hurts Economy and Should be Abandoned (originally on Lawyer’s Daily)

By Dale Barrett – Managing Lawyer at Barrett Tax Law and Tax Columnist at the Lawyer’s Daily. Originally published by the Lawyer’s Daily. According to the 2008 federal budget, the Harmonized Sales Tax (HST) was claimed by the federal government to be “the single most important step provinces with retail sales taxes could take to improve the competitiveness of Canadian businesses.” They were wrong. I…

Read on...

CRA Auditors Less Concerned with Correctness than with the Size of Reassessments (originally on Lawyer’s Daily)

By Dale Barrett - Managing Lawyer at Barrett Tax Law and Tax Columnist at the Lawyer's Daily. Originally published by the Lawyer's Daily. In any self-reporting or honour system like we have in Canadian taxation, there must be a means by which the state can verify the correctness of information provided. Enter the tax audit - a component of such a system, which is both…

Read on...

Ombudsman Not Protecting Rights of Taxpayers (originally on Lawyer’s Daily)

Dale Barrett - Managing Partner of Barrett Tax Law This article was originally published by The Lawyer’s Daily, part of LexisNexis Canada Inc. Although not an actual law as it is in the United States, the Taxpayer “Bill of Rights” sets out sixteen rights, eight of which are within the mandate of the Taxpayers’ Ombudsman’s office. In particular, the Ombudsman is charged with “upholding” the…

Read on...

Beware The Net Worth Audit

Beware The Net Worth Audit (re-published from TheGaap.net) August 1, 2018 Dale Barrett Managing Partner Barrett Tax Law   Arguably, the cheapest, fastest, and dirtiest way in which the CRA can audit a taxpayer is by employing the “net worth” method. It throws all principals of good audit practice to the wind and allows the auditor to essentially go freestyle. And it results in reassessments.…

Read on...

Taxation of a Partnership – The Basics

June 18, 2018 By Vivian Esper Tax Lawyer Barrett Tax Law 1-866-278-8424 416-907-8429 TAXATION OF A PARTNERSHIP - THE BASICS The Canadian common law of all provinces defines a partnership as the relation that subsists between or amongst persons carrying on a business in common with a view of profit. Subsection 102(1) of the Income Tax Act defines a Canadian partnership as a partnership all…

Read on...

Hear From Our Clients


"Had a free phone consult with Dale this morning. I had what I thought was an insurmountable tax problem that has had me sleepless for weeks. But after considering the information I provided on my situation, Dale assured me I was not in a situation that would result in any problems and in the remote chance the CRA did come calling, he told me what information to provide to clarify the issue."

Canadian Small Business Owner

“I retained Mr. Barrett for help with the appeal of an audit. Even after his fees were paid I saved over $45K. No complaints here. I would do it again. Thank you sir!”

Canadian Small Business Owner