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Osler made a submission [PDF] to the OECD in response to its February 13, 2019 public consultation document on the possible solutions to the tax challenges of digitalization (the 2019 Public Consultation Document).

The Liberal Government intends to bring in a new penalty tax on investment income earned by private corporations to the extent the investment income in any year exceeds a $50,000 threshold.

Whether you've been preparing your taxes for years or are new to filing taxes, Crowe MacKay's personal income tax checklist is a great resource to ensure you provide everything your accountant needs to...

Coming out of their annual board meeting, Collins Barrow is urging the Canadian government to delay the enactment of measures that profoundly change the taxation of private corporations and their shareholders...

On January 30, 2009, the Québec Minister of Finance, Monique Jérôme-Forget, released proposed legislative changes in her fight against aggressive tax planning (ATP).

As part of Canada's Federal Budget that was presented on March 22, 2016, Finance Minister Bill Morneau announced the repeal, effective January 1, 2017, of the existing eligible capital property ("ECP") tax regime...

The United States does not recognize an RRSP or a RRIF as a qualified pension plan, and thus there is no Code deduction for a contribution to such a plan.

The election results are in, and for Canadians hoping to build or protect their wealth, the uncertainty which accompanies large budget deficits,

Shohei Ohtani, the first superstar hitter and pitcher in Major League Baseball since Babe Ruth, recently signed an unprecedented contract with the Los Angeles Dodgers.

In the 2016 annual Budget Speech the Minister of Finance indicated the possibility of legislative countermeasures to curb the use of share buy-back arrangements that resulted in no tax being triggered.

Earlier today, the Supreme Court of Canada (The Chief Justice, Justice Rothstein and Justice Moldaver) dismissed an application for leave to appeal by Imperial Tobacco dealing with the classic distinction between deductible corporate expenditures on income account and non-deductible corporate expenditures on capital account.

We previously reported that the Canada Revenue Agency developed transitioning rules which were welcomed relief to taxpayers.

Paragraph 149(1)(l) of the Income Tax Act exempts from Canadian federal income tax a range of clubs, societies and associations commonly referred to as non-profit organizations (NPOs).

During a period of economic uncertainty, businesses often become even more hungry to beat the competition. One of the paths to success is to prioritize innovation...

Canada is considered one of the best places in the world to do business, partly due to our low corporate tax rate and favourable policies on repatriating foreign income earned in active businesses outside of Canada.

On July 18, 2017, Finance Minister Bill Morneau announced the release of a consultation paper and draft legislation to amend the Income Tax Act which target what the Liberal government perceives...

If you're like most Canadians, paying taxes isn't your favourite aspect of running a business. And paying more than you have to? No thanks.