Sunday, October 12, 2025
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Canada

Canada Confirms Carbon Rebates for Small Businesses Will Be Tax-Free

Final carbon rebate payments to over 600,000 businesses will be tax-free, as Ottawa ends the federal fuel charge and streamlines carbon pricing for large emitters.

Canada-U.S. Income Tax Treaty Bars Collections Hearing By United States: U.S. Tax Court

The United States Tax Court has held that Canada-U.S. Income Tax Treaty bars collections hearing by the United States.The court opined that it would...

Assessee Unaware About Income, Expenses And Tax Law; Canada Tax Court Deletes Gross Negligence Penalty

The Canada Tax Court has deleted the gross negligence penalty against the assessee who was unaware about income, expenses and tax law.The court noted...