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On October 19, Canadians elected a majority Liberal government for the first time in over a decade. Among the things that will change under this new leadership is how Canadians—both businesses and individuals—are taxed.

The Federal Court of Appeal has limited the Canada Revenue Agency's (CRA) access to tax accrual working papers that reveal a taxpayer's uncertain tax positions.

Ontario’s Minister of Finance Dwight Duncan today tabled the Ontario provincial government’s third consecutive balanced budget, describing it as a "balance between quality public service and a competitive tax system".

The property value threshold for the full home owner grant is increased to $1.65 million for the 2018 tax year, from $1.6 million in 2017.

Coming out of their annual board meeting, Collins Barrow is urging the Canadian government to delay the enactment of measures that profoundly change the taxation of private corporations and their shareholders...

In its 2012-2013 budget, the Québec government proposed to introduce fiscal measures that will encourage the creation of new financial services corporations ("FSC") via two new refundable tax credits on eligible expenditures and on salaries paid to eligible employees.

Generally, "large businesses"1 are subject to the ITC recapture of the OHST portion paid on expenses relating to the acquisition of ...

As part of Canada's Federal Budget that was presented on March 22, 2016, Finance Minister Bill Morneau announced the repeal, effective January 1, 2017, of the existing eligible capital property ("ECP") tax regime...

Earlier today, the Supreme Court of Canada (The Chief Justice, Justice Rothstein and Justice Moldaver) dismissed an application for leave to appeal by Imperial Tobacco dealing with the classic distinction between deductible corporate expenditures on income account and non-deductible corporate expenditures on capital account.

The CRA emphasized that there are more tax evasion investigations to come while also setting out the serious consequences of tax evasion in Canada.

Canada is considered one of the best places in the world to do business, partly due to our low corporate tax rate and favourable policies on repatriating foreign income earned in active businesses outside of Canada.

If you're like most Canadians, paying taxes isn't your favourite aspect of running a business. And paying more than you have to? No thanks.

The Federal Court of Appeal has held in the Kruger Inc. v. Canada decision published yesterday, that Kruger Inc. was entitled to use the mark-to-market method in computing its income for federal income tax purposes.

As noted in an earlier blog post, we discussed the joint CBC / Toronto Star investigation and subsequent release of the Panama Papers.

On September 28, 2012, the Toronto Stock Exchange ("TSX") published a notice (the "Notice") to provide guidance with respect to disclosure and other related requirements where a transaction is subject to security holder approval pursuant to the TSX Company Manual (the "Manual").

Incorporated non-charitable not-for-profit organizations ("NPOs") must file a T2 tax return with the Canada Revenue Agency ("CRA") just like a taxable for-profit corporation.

On March 27, 2012, Ontario Finance Minister Dwight Duncan presented the 2012 Ontario budget. With a projected deficit of $15.2 billion in 2012-13, the Budget reveals a provincial government in need of additional revenues.