Additional CRA Policies for Filing a Voluntary Disclosure
The CRA has introduced new polices, which are more stringent for filing applications under its Voluntary Disclosures Program. The VDP is intended to promote compliance and encourage individuals to correct inaccurate or incomplete information, or to disclose information not previously reported to the CRA. If a voluntary disclosure is found to satisfy all the requisite conditions, the CRA will use its discretion to give relief from penalties and prosecution that may otherwise have been imposed. Alpert Law Firm are the Tax Law Professionals, with over 40 years experience in advising clients about the most advantageous methods of making Voluntary Disclosures to the CRA. To read Part 2 of our newsletter on this topic, click here.
Our Team has over 40 years experience in winning leading cases. Alpert Law Firm has a reputation for resolving tax disputes and for getting excellent results for our clients in a cost-effective manner. We achieve the most favourable resolution of disputes for our clients, whether through negotiating timely and reasonable settlements with the CRA or by vigorous representation in court. Howard Alpert is certified as a specialist in Taxation Law. For more information on our Tax Litigation Services, click here.
Benefiting From Alter-Ego Trusts
A client who is at least 65 years of age can use an Alter-Ego Trust as an alternative to a will, in order to transfer assets to a spouse or child and thereby avoid being assessed the 1.5% tax on estate assets in excess of $50,000 pursuant to the provisions of the Ontario Estate Administration Tax Act. Howard Alpert, C.S. has been certified by the Law Society as a Specialist in Taxation Law and as a Specialist in Corporate and Commercial Law and is also recognized as an expert in Estates and Trusts Law. To read our informative newsletter on this topic, click here.
Increase your Bottom Line
Alpert Law Firm's tax expertise enables its corporate clients to minimize and defer their taxes when engaging in commercial transactions and corporate reorganizations. Howard Alpert, C.S. is certified by the Law Society as a Specialist in Corporate and Commercial Law and as a Specialist in Taxation Law. Our Team has extensive knowledge and skill in transactions involving virtually every area of corporate and commercial law. Our clients range from family businesses to large corporations, and operate in all types of industries.