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This decision underlines the importance of how mining equipment is used for purposes of exemptions from taxation under the British Columbia "Social Service Tax Act".

The Honourable Bill Morneau, Minister of Finance, tabled the Liberal government's third budget on February 27, 2018.

On March 10, 2020, the Government of Québec announced an incentive tax deduction for the commercialization of innovations ...

On March 21, 2025, the Government of Canada announced that it was deferring GST/HST remittances and corporate income tax payments from April 2 to June 30 to support businesses affected by tariffs.

The state of the real estate market has a significant impact on CPA firms. During down times clients ask for help to wind down and simplify their corporate structure.

Tax credits represent one of the most confusing aspects of operating an animation production company; and, within the morass of jargon, rules and paperwork is one particular issue which must be understood by any animation professional thinking of going independent.

On June 2, 2011, the Federal Court of Appeal released its decision in Bozzer v. Minister of National Revenue, in which the court rejected a long-standing position of the Canada Revenue Agency (the "CRA") restricting the circumstances in which applications for administrative relief from interest accruing on tax debts may be considered by the Minister of National Revenue (the "Minister").

The Thelwell case, recently decided by Boyle J. of the Tax Court of Canada ("TCC"), should caution taxpayers to be careful when seeking tax advisory and dispute resolution services. Boyle J. excoriated both the Thelwells' tax preparer / advisor.

The current acceptance procedure does not require the taxpayer to pay any such amounts on filing and not doing so does not preclude the acceptance of the disclosure.

On October 24, 2017, the Honourable Bill Morneau, Minister of Finance, released Canada's 2017 Fall Economic Statement ("FES 2017").

A discussion comprising of editorial comments regarding the tax proposals announced in the 2013 Federal Budget by the Honourable James M. Flaherty, P.C., M.P., Minister of Finance

The IRS has recently issued final regulations under Code section 336(e) allowing purchasers to obtain a stepped up basis in the assets of certain target corporations without double taxation and in a setting in which a section 338(h)(10) election could not be made.

The public offerings of two foreign asset income trusts (FAITs) have revived interest regarding income trusts in Canada.

Fresh off the press! Volume 2 of Fundamentals of Canadian Income Tax by Vern Krishna has now been published.

Morneau stated that the wealthiest benefit the most from the current regime, namely that 80 per cent of these passive investments are held in the top 2 per cent of private corporations.

The Minister of Finance recently released draft legislation relating to the goods and services tax/harmonized sales tax (GST/HST) insofar as it relates to the financial services sector.

Minister of Finance Jim Flaherty today tabled the 2014 Federal Budget (the "Budget") entitled The Road to Balance: Creating Jobs and Opportunities.