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Finance Minister Jim Flaherty delivered the Federal Budget on March 4, 2010. The Budget leaves untouched previously-enacted reductions in corporate income tax rates through 2012.

Le budget fédéral pour l'année 2021 a alloué un montant additionnel de 304.1 millions de dollars à l'ARC afin de l'aider dans sa lutte contre l'évasion fiscale et l'évitement fiscal agressif.

Canadians who emigrate to the United States or elsewhere face many decisions and considerations associated with departure, but careful tax planning should not be an afterthought.

As we commence the new year (2020), we prepare ourselves for what awaits us: spring showers, flowers, and the hand of the tax collector reaching into our pockets.

Opportunities for tax planning are virtually limitless. Provided your strategy aligns with both the wording and purpose of applicable Canadian tax legislation (in order to avoid a GAAR attack), it will likely withstand any challenges.

As part of the PATH Act, Congress enacted a new exemption from FIRPTA for foreign entities that are "qualified shareholders" of certain publicly traded real estate investment trusts and other entities.

This article focuses on cross-border issues that arise in connection with M&A transactions affecting U.S. shareholders of Canadian companies, Canadian shareholders of U.S. companies and transactions affecting both U.S. and Canadian companies in acquisitions of one by the other.

As families, investments and business interests increasingly span multiple countries, it is not uncommon for Canadian residents to have dual citizenship and property in several jurisdictions. Where a Canadian resident individual who holds dual Canadian-U.S. citizenship owns assets in several countries, multiple wills are often recommended, with a separate will for each jurisdiction administered by a local executor.

The federal budget tabled on March 4, 2010 contains a number of unexpected proposed amendments to Canada’s Income Tax Act

Colombian global superstar Shakira has won a major legal battle in the Shakira tax case. Spain’s High Court acquitted her of tax fraud allegations concerning the 2011 tax year and ordered the Spanish government to return more than US$64 million in previously collected fines and interest.

From its earliest days, Canada has been a nation focused on international trade – a characteristic that continues today. In 2021, Canadian exports of goods and services...

Residency is central to the taxation of Canadians.

Where it applies, subsection 122.61(1) of the Income Tax Act entitles an "eligible individual" to the Canada Child Benefit ("CCB"). The CCB is defined as an overpayment to ensure it remains a tax-free payment to the recipient.

On May 22nd, 2020, the Canada Revenue Agency ("CRA") released guidance (the "Guidance") on how it will deal with certain international tax issues that have arisen as a result of the travel restrictions ("Travel Restrictions"), or ...

US citizens moving to Canada face unique tax challenges as they remain subject to IRS obligations while becoming Canadian tax residents. From TFSA reporting traps and PFIC complications to estate planning with non-citizen spouses, understanding the cross-border implications before relocating can prevent costly compliance failures and optimize your dual-country tax position.

In its 2015 Budget, the Canadian federal government announced its intention to exempt "certified" non-resident employers from the obligation to withhold and remit income tax in respect of certain employees that perform duties in Canada.

In the tax world, "treaty-shopping" occurs when a person resident in Country A organizes a legal entity in, and directs income through, Country B, solely to secure benefits under a tax treaty between Countries B and C that would not be available to a resident of Country A, typically preferential tax treatment for income sourced from Country C.

The Canada Border Services Agency (CBSA) has recently released its 23 "target" national audit priorities for the coming year.