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In a recently reported decision of the Ontario Assessment Review Board in Mifran Investments Limited, the Board ordered the property tax assessment on a contaminated property reduced to zero.</

The opening of new markets, potential for limitless growth and removal of barriers to free trade are increasingly making it ...

On February 22, 2022, British Columbia's Finance Minister Selina Robinson announced the 2022 British Columbia Budget.

On February 27, 2025, Alberta Minister of Finance Nate Horner announced the 2025 Alberta Budget. The Budget aims to strengthen health care, education and communities, support vulnerable Albertans...

In the 2015 federal budget, the Conservative government announced it would be reducing the small business tax rate over the next four years—which, at the time, was good news for many professional corporations.

At the time Canada was amending its transfer pricing rules, much concern – and some confusion – arose over the potential application of the rules to financial transactions. This was particularly the case where the tax consequences of applying those rules to financial transactions were already regulated under other provisions of the Canadian Income Tax Act.

As we approach the end of the year, owners of private companies often ask, "If I need to take money out of my corporation, should I pay myself a bonus or a dividend?"

There has been concern from industry over the government potentially limiting the deduction for employee stock options.

Time will tell if Budget 2019 saves the Liberal Government in the fall of 2019.

Refundable tax credits relevant to film production are offered by both the federal government and the province of Ontario.

In the 2024 Federal Budget, the Department of Finance announced that capital gains realized by individuals on or after June 25, 2024 in excess of an annual $250,000 threshold will be subject to a two-thirds inclusion rate ...

In the course of an audit, the Canada Customs and Revenue Agency (CCRA) has the ability to require a taxpayer’s accountants and lawyers to provide documents and information in their possession. CCRA’s rights are not unrestricted and, in several recent cases, the scope of the protection of documents from disclosure on the grounds of solicitor-client privilege has been tested

The Honourable Jim Flaherty, Minister of Finance, tabled the first federal budget of the Conservative majority government today. The Budget includes all of the measures that were introduced in the March 22, 2011 budget.

To resolve US tariff problems, some Canadian corporations are shifting their production to the United States to serve the US market. As a consequence of the shift in production, these corporations are also considering...

The Canada Revenue Agency (the "CRA") generally assesses taxpayers on the basis of their filed returns and supporting books and records.

Many could be considered somewhere in between.

In a decision released on June 11, 2007 (Attorney General of Canada v. Ford Credit Canada Limited, 2007 FCA 225), the Federal Court of Appeal held that retractable preferred shares (shares that oblige the issuer to redeem them at the request of the holder) are not “capital” for purposes of the Large Corporations Tax (LCT) that was imposed by Part I.3 of the Income Tax Act (the Act) for years prior to 2006.