Notice of objection
Savings: $170,000
Our client, a real estate agent, was audited and her business expenses were drastically lowered. We filed a notice of objection and had the expenses allowed in full, saving her over $170,000.
Savings: $1,100,000
Following an objection done by RKTL, a client of ours went from owing the CRA over $500,000 to a refund of over $645,000. The CRA agreed that multiple property sales were not taxable and the taxpayer was entitled to the Principal Residence Exemption. An overall savings of $1,100,000.
Savings: $490,000
A client came to us after being assessed over $470,000 of GST/HST owing for the sale of a home. We filed a notice of appeal to the Tax Court of Canada and were able to prove that GST/HST was not chargeable on the sale of the home.
What was a $470,000 debt to the CRA turned into a $490,000 credit. Meaning, the client was refunded $19,000.
The CRA denied our client’s Input Tax Credits because they claimed he was an agent acting on behalf of a foreign principal. We filed a notice of objection arguing that was not the case, and we were successful in full. This lead to a result of a refund of over $250,000 for our client.
Savings: $447,000
Our client was assessed over $400,000 of GST/HST on the sale of his home. We filed a notice of objection arguing he should be exempted from GST/HST and we were successful in full. Not only did we remove all of the amounts owing, but our client received a refund of over $20,000 as well.
Savings: $650,000
Due to RKTL’s representation, our client received a refund from the CRA for over $650,000. The taxpayer was wrongly assessed as an agent acting on behalf of a foreign principal. We were able to reverse that decision resulting in a large amount of GST/HST being refunded to the client.
Find out how we can help you or your business with all of your tax needs. Click the link below to schedule a free no-obligation consultation with one of our lawyers.