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On October 5, the Organisation for Economic Co-operation and Development (OECD) unveiled its comprehensive action plan to combat base erosion and profit shifting (BEPS).

The Ontario Superior Court has ruled that fees received by insurers for surety products written in Ontario are subject to the 3% premium tax under the Corporations Tax Act. This decision clarifies the tax treatment of surety bonds by interpreting ambiguous statutory language through reference to federal Income Tax Act provisions and legislative history. Insurers licensed to write surety business in Ontario should review their premium-tax reporting practices in light of this ruling.

With the election of a majority Liberal government on October 19, there's no doubt that we will see a number of tax changes over the next four years.

The 2016-17 budget continues to invest in health care, education and social services. It also provides more than $3.5 billion for investment in infrastructure.

In this episode of TaxBreaks, Kenneth Keung and Kim GC Moody provide their predictions on what might be included – or not – in the 2023 Canadian Federal Budget...

This discussion is a continuation of our earlier Tax Alert and will focus on selected traps that taxpayers should be aware of when undertaking tax planning involving trusts.

In February we wrote about a discussion draft of Action 6 of the Action Plan on Base Erosion developed by the Organisation for Economic Co-Operation and Development at the request of the G20.

Ontario Minister of Finance Charles Sousa announced a reduction to the small business tax rate to take effect on January 1, 2018.

A solid company succession plan not only helps you sleep nights; it's also a retention and motivation tool.

Running a corporation in Alberta involves juggling numerous administrative tasks and deadlines. Missing any of these crucial dates can lead to significant legal and financial repercussions.

On February 20, 2014, the government of Québec tabled its 2014-2015 budget in which it stated that it may enact amendments to Québec’s Business Corporations Act intended to protect Québec incorporated businesses from unsolicited take-over bids, as well as tax incentives intended to encourage businesses to establish and maintain head offices in the province of Québec.

Prompted by government concerns about the depletion of Canada’s tax base, tax authorities here are now using transfer pricing principles as a primary audit tool to evaluate – and challenge – income allocation to Canada by multinationals. As a result, virtually all cross-border business activities between related parties are now subject to transfer pricing audits. Here, we look at some of the key areas tax authorities are zeroing in on.

On Monday, June 15, 2015, Alberta's newest Lieutenant Governor, Her Honour Lois Mitchell, C.M., delivered the Speech from the Throne, kicking off the First Session of the 29th Legislature of Alberta.

The third strategic pillar of increasing the access of technology companies to markets is an important forward-looking step towards sustainability.

In our "M&A Outlook for 2012", we discussed the emergence, in 2011, of foreign asset income trusts and noted that we expected the trend to continue in 2012.

In connection with the OECD's Base Erosion and Profit Shifting Project, a group of 140 countries have made commitments to radically modify the international tax system.

The federal government's 2014 Budget contained a host of changes, including "proposals" to change the taxation of eligible capital property (i.e., goodwill, patents, trademarks, intellectual property, etc.) so that it will be taxed in the same way that gains on other depreciable capital property (e.g. equipment, commercial vehicles, etc.) are taxed.