David Rotfleisch

David Rotfleisch
FIRM:
Rotfleisch & Samulovitch
POSITION:
Founder & Principal
AREAS OF PRACTICE:
Tax

David Rotfleisch, founder and principal of the Toronto-based firm Rotfleisch & Samulovitch PC, focuses on income tax law.

He graduated from McGill University with a Bachelor of Commerce in 1975 and became a chartered accountant in 1977. Mr. Rotfleisch went on to earn a law degree from Osgoode Hall Law School and was called to the Ontario Bar in 1983. He founded the firm in 1987.

A lawyer and chartered professional accountant, Mr. Rotfleisch handles simple and complex tax and estate planning matters, as well as tax amnesty and tax litigation issues. His clients include start-up businesses, resident and non-resident business owners, and corporations.

With a background in the computer and IT industry, Mr. Rotfleisch also assists with technology matters, including high-tech legal issues such as software development and intellectual property.

David Rotfleisch Posts

Crucial to retain records when deducting Airbnb expenses

Taxpayers hoping to claim expenses related to their Airbnb activity should know that some will be fully deductible, but others need to be prorated — and the key to claiming any of these costs is to keep proper receipts and records , Canadian tax lawyer David J. Rotfleisch tells Global News. Read more

Fingerprinting may lead to border issues for accused tax evaders

As they do not fall under the Criminal Code of Canada, tax evasion charges have not historically resulted in individuals being denied entry to the United States — but with the Canada Revenue Agency’s (CRA) reported new plan to fingerprint individuals accused of these offences, this could change, Canadian tax lawyer David J. Rotfleisch tells AdvocateDaily.com . Read more

Solicitor-client privilege does not extend to accountant files

Although communications between tax lawyers and their clients are subject to solicitor-client privilege, the files of accountants can be seized by the taxman and form part of a tax evasion prosecution — including notes of meetings or conversations, says Canadian tax lawyer David J. Rotfleisch , the Financial Post reports. Read more

Answering complex tax queries requires in-depth experience

It is unsurprising that a recent evaluation showed some small businesses have been receiving inadequate information from the Canada Revenue Agency (CRA) call centre, as it takes years of experience to be able to properly answer questions on Canada's complex tax statutes, Canadian tax lawyer David J. Rotfleisch tells AdvocateDaily.com. Read more

Canada's role as global tax haven 'surprising': Rotfleisch

Reports that Canada is considered to be a useful player in international tax evasion is just the latest surprising revelation from the Panama Papers information leak, Canadian tax lawyer David J. Rotfleisch tells AdvocateDaily.com. Read more

Top driver's case demonstrates taxman's collection powers

Reports claim that Revenue Quebec may be pursuing former world champion Formula One racer Jacques Villeneuve for $1.7 million in unpaid taxes — and in cases like this, the taxman has the right to lien assets without a court order, Canadian tax lawyer David J. Rotfleisch tells AdvocateDaily.com. Read more

Tax record 'snooping' undermines confidence in system

Although the privacy of tax records is guaranteed by law, recent reports that claim the Canada Revenue Agency (CRA) was unable to prevent several employees from improperly accessing files undermines taxpayers' confidence in the integrity of the system, Canadian tax lawyer David J. Rotfleisch tells AdvocateDaily.com. Read more

Expect audit letters following CRA review of funds transfers

As part of its crackdown on unreported offshore income and assets, the Canada Revenue Agency (CRA) is set to ramp up its focus on electronic funds transfers to certain jurisdictions — and as a result, a number of Canadian taxpayers should expect to receive an audit letter in the coming year, Toronto tax litigation lawyer David J. Rotfleisch tells AdvocateDaily.com. Read more

Consider options ahead of 2017 changes to taxation of goodwill

With changes related to the income tax treatment of goodwill set to come into force on Jan. 1, any business owner thinking about selling should consider a restructuring plan that will allow them to take advantage of tax savings offered under the old rules, Toronto tax litigation lawyer David J. Rotfleisch tells AdvocateDaily.com. Read more

CRA takes too long to resolve tax objections, says audit

OTTAWA — The federal government takes months — sometimes years — to make decisions, costing Canadians time and money when it comes to resolving tax disputes, the federal auditor general says. Read more

Days of bank secrecy for offshore accounts 'long gone'

In the wake of the 'Panama Papers' data leak, there has been a concerted international effort to catch offshore tax evaders — which taxpayers should take as a clear sign that the era of secrecy is over for these types of accounts, Toronto tax litigation lawyer David J. Rotfleisch tells AdvocateDaily.com. Read more

'Unconscionable' to tax income without allowing expenses, losses

Although the significant loss Donald Trump reportedly declared on his 1995 income tax return may be partly the result of government loopholes, the ability to carry that loss forward is a basic requirement of tax equity and is far from unfair, Toronto tax litigation lawyer David J. Rotfleisch writes in The Globe and Mail . Read more

Sending condo sellers for tax advice a prudent move

In some Canadian markets, the practise of buying prebuilt condos and flipping them once completed has been a profitable activity — however, as Toronto tax litigation lawyer David J. Rotfleisch writes in Lawyers Weekly , real estate lawyers acting for sellers should be recommending these clients seek tax advice. Read more

Deducting losses essential part of tax system for business

Although reports claim that Republican presidential candidate Donald Trump and other real estate investors may have used previously incurred losses to reduce future taxes, this type of strategy is not a ‘loophole,’ but rather an essential part of the tax system related to business income, Toronto tax litigation lawyer David J. Rotfleisch tells AdvocateDaily.com. Read more

Quick action key when dealing with tax debt, appeal

For taxpayers who feel they may have received an incorrect or unfair tax assessment, it is vital to contact the Canada Revenue Agency (CRA) about your concerns without delay — as the clock is ticking on the appeal period, Toronto tax litigation lawyer David J. Rotfleisch tells The Globe and Mail’s Rob Carrick. Read more