Tax Controversy

Tax controversy describes tax disputes that arise between tax collection entities such as the Canada Revenue Agency (CRA) and Canadian taxpayers. The CRA assesses every tax return it receives and chooses to either accept or modify it with a notice of reassessment whereas their calculations show you may owe more or less than the amount you had originally thought. And, any time after filing the initial tax return, the CRA may audit you or your business to collect extra monies they believe are owed.

We work with you to prevent, manage and resolve tax disputes with CRA and other tax collecting entities in a way that reduces your tax costs and minimizes disruptions. We then go one step further by developing strategies and policies to protect your business in the event of future audits and disputes.

Solutions for Your Success

Our tax controversy services will guide and protect you through the entire audit process, including:

  • Pre-audit dispute prevention

  • Audit examination / management

  • Contesting an audit

  • Post-audit resolution

    Insights

    • Progress

      August 05, 2021

      Tax Alert: Bill C-208 represents a significant positive change to support family business succession in Canada

      Bill C-208 provides for the intergenerational transfer of certain family businesses to receive the same tax treatment as businesses sold to a third party. Businesses contemplating such a succession plan should reach out to their MNP Advisor as soon as possible to learn more.

    • Progress

      July 30, 2021

      New tax incentive on equipment purchase provides immediate benefit

      Federal Budget 2021 provides an upfront tax incentive for Canadian-controlled private corporations (CCPC) to undertake significant capital asset puchases. It does so by allowing for the immediate deduction of up to $1.5 million of certain depreciable property purchased from arm’s-length parties between April 19, 2021, and January 1, 2024.

    • Performance

      July 09, 2021

      Budget 2021 Professionals Must be Mindful of the Proposed Immediate Expensing Rules

      Changes from the 2021 budget could have a significant impact on tax strategies for professionals.

    Contact our Tax Controversy Team