At Ummat Tax Law, we contribute tax articles and commentary to the greater tax community in a meaningful way by reviewing and analyzing new rules and case law regularly.
Good writing is clear, concise, and simplifies the complex.
AMIT UMMAT
RECENT TAX ARTICLES
Gross Negligence Penalties Primer
Gross Negligence Penalties CRA Must Prove Penalty Applies What many people under audit find is that, in addition to proposing adjustments to income tax payable, the CRA will also apply penalties. There are various penalties [...]
GST/HST Hot Topics
GST/HST Hot Topics Recent Issues in the Input Tax Credit Regime Generally speaking, GST/HST is not considered a significant cost because of the input tax credit (ITC) mechanism. As a GST/HST registrant, you recover the GST/HST [...]
Are You Earning Capital Gains or Income?
Trading in Shares: Income or Capital? Are you earning income or capital gains by your trading activity? A prominent issue encountered by Canadian taxpayers is whether the gains from the sale of shares are income [...]
