Canada Tax Questions Answered by Experts
what benefit does your accountant and say your husband received?
So are you saying that at some point your spouse was actually reducing his taxes because he was on title to the home?
He did get penalized for helping your mother. But that is not the fault of the CRA. If your spouse wanted to say he held a beneficial interest only to the house so that the title was in trust for your mother he should not have done anything to benefit from owning the house.
At this point in time fairness would dictate that your mother pays him back the capital gains tax as he did this for her.
But if your husband had a lawyer or accountant acting for him when he agreed to do this then he may have a claim against that lawyer or accountant because someone should have told him that this was the risk.
There's no harm in trying. But I really do think you should see a lawyer about the possibility of suing this accountant.
I am sorry to hear this. I agree that the legal system has failed. The legal system is only good for the very wealthy. It is one reason and I spent so much time on the site.