Tax Shelters: Unclear definitions, uncertainty, and accountant exposure

CounterPoint: Canadian Tax Insights S01E03 (2017)
Tax Shelters: Unclear definitions, uncertainty, and accountant exposure
0:36
Summary
CPD

Peter Aprile and Yoni Moussadji bring you Canadian Tax Insights, Season 1 Episode 3, to provide accountants with actionable takeaways (and some free verifiable CPD) related to the tax shelter and promoter definitions in the Income Tax Act. 

In S01E03, Peter and Yoni explain how you might create tax shelters if the courts adopt the government's broad interpretation of the tax shelter and promoter definitions. The video is designed to explain how the government's position exposes you to unanticipated consequences including the exposure to promoter penalties. 

Enjoy the show!

Peter Aprile

Presenter

Peter Aprile, Counter Tax Lawyers

Peter Aprile is a senior lawyer specializing in tax dispute resolution and litigation. His vision as Counter’s founder and his everyday role at the firm are one and the same: to be an agent of change, uncovering opportunities and developing strategies that achieve more than anyone expected. A creative thinker, Peter studies problems from all different angles to find what others have missed. He’s also convinced that he likes winning more than most people.

Different people describe Peter in different ways. At the CRA and the federal Department of Justice, the word relentless comes up quite a lot. Admittedly, so does the word a**hole – but it’s often said with a certain grudging respect, if not affection. Peter’s clients call him a saint. Well, some of them, anyway. His colleagues describe him as empowering and harddriving, but fair. Peter’s friends call him loyal. His wife describes him as a lot to deal with, but worth it. Peter encourages his young daughter and son to call him “The Big Homie,” though with limited success. His mother describes him with the single word mischievous – before going on to complain that he should call more.

Read Peter’s complete bio →

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