{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Life in the Tax Lane (Canada)","title":"August 2026 - Court Decision Raises Questions for Executors Accessing Digital Assets","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/ab5ad3c2\"></iframe>","width":"100%","height":180,"duration":679,"description":"August’s episode of Life in the Tax Lane is here!\nWhat does a recent Alberta court decision mean for executors seeking access to digital assets? How could CRA's response to privacy breaches affect tax practitioners? And what should you know about trust reporting, overlooked GST input tax credits and dispute resolution?\nThese developments have practical implications for estate administration, taxpayer privacy, GST compliance, trust reporting and tax disputes. In this month's episode, Cait and Hugh review recent CRA guidance and court decisions, highlighting what tax professionals should be watching. Despite the summer recess, there was no shortage of tax developments.\nTake 10 minutes to get up to date on the latest CRA guidance and court decisions.\nThis month's episode covers:\nDigital Assets: Alberta court considers whether technology companies can require executors to obtain court orders before releasing digital assets.\nTaxpayer Information – Privacy Commissioner Report: New recommendations could affect e-filer screening and CRA's approach to protecting taxpayer information.\nTrust Reporting – Schedule 15 Penalties: Could earlier trust filings trigger unexpected Schedule 15 penalties?\nJudicial Review – Extension for Application: Missing a legislated deadline can permanently close off dispute resolution options.\nOverlooked Input Tax Credits (ITCs): CRA discusses whether overlooked ITCs should be added to an earlier GST return or claimed on a later return.\nTravel From Home To Work – Long Commute: A recent court decision considers whether an exceptionally long commute changes the tax treatment of travel costs. Spoiler alert, it doesn't.\nSources: https://www.videotax.com/web-tips-articles/life-in-the-tax-lane-august-2026\nLearn more about Tax Update 2026 - https://members.videotax.com/courses/tax-update-2026\nLearn more about Bare Trust T3 Reporting: Practical Guide & Examples - https://members.videotax.com/courses/bare-trust-t3-reporting-practical-guide-examples...","thumbnail_url":"https://img.transistorcdn.com/6ucqJFiRoRAehw0M6FXNRdGUow3DBqPRKZ10TG6QqoQ/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80OTNk/NTNmOWM5OTg1ZDEx/ODdlN2JiMmM3ZWVm/NTRlYS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}