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Canada's jurisdiction to tax an individual's income turns on two connecting factors. The first is tax residence, which looks at the individual's social and economic ties with Canada.

The Canadian manufacturing industry is facing significant business and structural challenges that have seen their level of importance relative to other sectors in the economy, such as services, fall.

In the next few weeks, the Canada Revenue Agency ("CRA") plans to conduct individual risk-assessment interviews with a select group of 50 large businesses.

Your status as a tax resident determines the extent to which Canada may tax your income. Canada taxes its residents on their worldwide income.

As a consequence of COVID-19, governments and businesses around the world have introduced travel restrictions to protect their citizens and employees.

According to the OECD, the world's banks suffered write-downs and losses of US$1.3 trillion up to January 2010 due to the 2008 financial crisis.

Aliyah is the emigration of the Jewish people and their descendants from diaspora to Israel, for the purpose of making Israel their homeland.

In December 2005, the U.S. Court of Federal Claims held that National Westminster Bank, PLC, a U.K.-based multinational bank (NatWest), was not required to apply the formula-based apportionment of interest expense required under domestic U.S. tax law and ruled instead that it was entitled to rely on the properly maintained books and records of its U.S. branch in computing its business profits. In its third decision in the continuing tax dispute, the court provided some valuable guidance on the p

On November 8, 2011, a new protocol (Protocol) amending the Canada-Barbados Income Tax Agreement (Treaty) was signed by the two countries, updating the Treaty to conform with current tax treaties and to reflect Canada’s commitment to promote exchange of tax information in accordance with OECD standards.

The Canadian economy was impacted in 2008 by the global economic crisis. Canadian stock markets and the Canadian dollar experienced severe volatility, influenced by swings in commodity prices (including particularly the price of oil).

The last year has provided no shortage of exciting and interesting tax cases that tax practitioners can learn from.

On November 26, 2021, the Supreme Court of Canada (the Court) released its decision in Canada v. Alta Energy Luxembourg S.A.R.L., 2021 SCC 49.

L'année 2025 aura été une année de transition pour les contribuables canadiens. Le nouveau gouvernement qui est entré en poste au fédéral s'est notamment écarté de nombreuses politiques fiscales...

The February 27, 2004 foreign affiliate proposals present a number of interesting issues for an acquiror of a Canadian target company that owns foreign affiliate shares.

The OECD released a discussion draft for public consultation, BEPS Action 6: Preventing the Granting of Treaty Benefits in Inappropriate Circumstances.

After years of uncertainty and last-minute relief, Canada's bare trust reporting rules have finally been settled through Bill C-15. The new regime exempts most family arrangements while requiring commercial structures like nominee corporations and joint ventures to file detailed beneficial ownership disclosures starting with the 2026 taxation year. Understanding which arrangements are caught, which are exempt, and what steps to take now is essential for compliance before the March 31, 2027 filing deadline.

On March 22, 2016 the Minister of Finance released the federal budget. Below is a summary of the important tax changes contained in Budget 2016.

The Supreme Court of Canada (SCC) recently released two important decisions relating to international tax issues. The SCC provided meaningful guidance on the interpretation of one of Canada's bilateral tax treaties