Précis: The taxpayer had roughly $600,000 of unreported income from US private corporation stock options in 2006 and 2007, years that would otherwise be statute-barred. CRA assessed on the basis of negligence. The Tax Court upheld the assessment. The Federal Court of Appeal dismissed the appeal from the bench, with costs.
Robertson v. R. - FCA: Tax Court did not err in opening statute barred years to tax $600,000 in unreported incomeREAD MORE »