5,652 results found

A stock option plan provides an employee of a corporation with the right to purchase shares of the corporation at a pre-determined exercise price.

Parliament recently enacted significant changes to the taxation of estates and trusts and charitable giving on death beginning in 2016.

On Tuesday, March 10, 2020, the Government of Quebec delivered its 2020-2021 Budget.

This Tax memo discusses two recent tax items of interest to those in the asset management industry.

A recent decision of Canada’s Federal Court of Appeal provides insight on the application of the country’s tax treaties to income that is attributed to a Canadian resident taxpayer under the Income Tax Act (Canada).

Child care costs are a deduction from income for tax purposes rather than a tax credit.

The CRA is focussed on recovering lost revenue in the real estate market.

You have to report all worldwide income including income from the shared economy such as Airbnb or Uber. If you don't you will be charged civil tax penalties and may be prosecuted for tax evasion.

EFT Reporting has been with us for some time now, with information on bank transactions already being provided to the Financial Transactions and Reports Analysis Centre of Canada under separate crime prevention legislation.

The Canada Revenue Agency confirmed in a roundtable discussion in January 2016 that professional fees related to the defence of a Canadian taxpayer's filing positions...

In the 2010 Federal Budget, the Department of Finance announced a significant, and very welcome, amendment to the Income Tax Act (Canada) (the "Tax Act"), which should greatly facilitate non-resident investment into Canada.

As the Government of Canada prepares to present its 2021 budget on April 19, 2021, taxpayers should be aware of how potential increases to the capital gains inclusion rate may affect their...

Canada and its new government find themselves at a crossroads in the summer of 2025. The Trump administration's first six months have changed (likely forever) Canada's relationship with its closest neighbour and largest trading partner.

Samantha Prasad shares planning tips for your RRSP in "RRSP tax plan: Tips to help you and your family make the most of your RRSPs" published in The TaxLetter, January 2015 edition.

The Canada Revenue Agency has traditionally taken a hard line on expenses incurred by an acquirer or a target and has denied deductibility on the basis that these expenses are of a capital nature.

Bill C-208, a private member's bill aimed at facilitating intergenerational transfers of small businesses and farms, received Royal Assent and became law on June 29, 2021.

Now couples can split again without cheating...income split that is.