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At the end of the day on June 17, 2019, while the rest of Canada was watching the Raptors parade, the Government of Canada released its anticipated changes to the taxation of stock options in the form of a motion to the House of Commons.

On May 2, 2006, the new Conservative government delivered its first budget. The Budget proposes to enact many of the tax-related proposals made by the Conservatives during the recent election campaign, including a limited reintroduction of the "super flow-through share" program.

For multinationals with branches in both Canada and the United States, there's one big tax challenge that's impossible to ignore: U.S. tax rates are generally higher than Canadian tax rates.

On December 14, 2007, the Income Tax Act (Canada) ("ITA") was amended to eliminate withholding tax on interest paid by a Canadian resident to a non-resident creditor or lender who deals at arm’s-length with the payer, regardless of the recipient’s country of residence.

The Income Tax Act (Canada) (the "Act") was recently amended by private member's Bill C-208 (the "Bill") to address an inequity disadvantaging intergenerational transfers of businesses to family members.

The Quebec tax system offers a range of tax holidays to attract qualified foreign workers to Quebec: the deduction for foreign researchers, deduction for foreign experts, deduction for foreign specialists, deduction for foreign professors, etc.

This update is intended for those seeking additional insights into the 2018 Federal Budget including its impact on both domestic and multinational enterprises.

This summer the Department of Finance ("Finance") released a consultation paper on tax planning using private corporations.

British Columbia’s latest budget, introduced on Feb. 17, 2015, confirmed two measures intended to support B.C.’s mining industry, including an extension of the B.C. mining flow-through share tax credit.

The Liberal Government intends to bring in a new penalty tax on investment income earned by private corporations to the extent the investment income in any year exceeds a $50,000 threshold.

There have been many discussions recently about the ability for real estate agents to now incorporate themselves, including a recent article penned by my colleagues.

On February 17, 2009 U.S. President Barack Obama signed into law the “American Recovery and Reinvestment Act of 2009” – a package of spending provisions and tax incentives with an estimated cost of US$787 billion.

On October 31, 2006, the federal government announced proposals to introduce a new tax regime for certain publicly traded trusts and partnerships ("specified investment flow-throughs" or "SIFTs") which will essentially treat such entities like corporations and tax their investors like shareholders.

The 2015 Federal Budget, tabled by Finance Minister Joe Oliver, contains a few measures aimed at supporting charities.

On April 30, 2015, Bill 12: the Common Business Number Act (the "Act") came into force in Alberta.

CRA used this technical interpretation as an opportunity to confirm its already published position on whether non-profit organizations can earn profits from a business activity and still maintain their tax-exempt status.

On March 1, 2015, Canada's Department of Finance issued a new release announcing two mining-sector changes to the Income Tax Act (Canada) ("ITA").