On the breakdown of a relationship, the various tax aspects of support payments, legal costs and division of assets are not usually a main priority, however tax should not …
When you change the use of an asset, from income producing to personal use, or vice versa, there is a deemed disposition on the date that the change of …
In this issue, topics include: Tax Ticklers, Digital Currency, Corporate Passive Investment Income, and more.
We are pleased to share the attached 2018 Federal Budget Commentary. Some highlights include no change to tax rates as well as passive income proposals.
In this issue, topics include: Tax Ticklers, Income Sprinkling, Input Tax Credits, and more.
Today the Department of Finance released its much awaited simplified proposals with respect to the tax on split income (“TOSI”) rules which were originally released by Finance on July …
In this issue, topics include: 2017 year-end tax planning and 2017 renumeration.
The Department of Finance announced its intention to lower the small business tax rate to 10%, effective January 1, 2018 and 9%, effective January 1, 2019.
In this issue, topics include: Business Loss or Personal Venture, Guaranteed Income Supplement, Charity Filing and Compliance Obligations, and more.
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.