The Department of Finance today announced its intention to lower the small business tax rate to 10%, effective January 1, 2018 and 9%, effective January 1, 2019. Included in …
Category: Business Tax
Kenway Mack Slusarchuk Stewart LLP Chartered Professional Accountants, Chartered Accountants is pleased to provide the following income tax commentary. This commentary does not originate from our office. Our subscription …
The CRA can deny paying a refund where a tax return is filed more than three years after the applicable tax year. This can result in tax consequences.
Written by: Justin K. Hoffman, CPA, CA, CPA (Illinois), CFP, TEP, B.Comm Senior Manager, Cross-Boarder Tax Services | Davis Martindale LLP While transfer-pricing studies are a reality of international …
In this issue, topics include: Tax for Private Corporations, Employee Discounts on Merchandise, Death Benefits, Retirement Income Calculator and more.
On July 18, 2017, Minister Morneau introduced draft legislation that proposes to change taxation on payments to shareholders of private companies.
Minister Morneau and the Department of Finance on July 18, 2017 introduced draft legislation that proposes to change taxation rules on the conversion of income to capital gains.
The draft legislation introduced on July 18, 2017, is proposing measures to limit the ability to claim the lifetime capital gains exemption on dispositions.
As part of the draft legislation introduced on July 18, the Department of Finance is proposing two methods for changing taxation on passive corporate income.
Minister Morneau announces the launch of consultations on tax planning using private corps. Read the update here for how it could impact you.