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On September 17, 2015, the Quebec ombudsman, Raymonde Saint-Germain, tabled in the National Assembly her 2014-15 annual report on the public service.

Airbnb can be a great platform to generate more revenue from your place of residence. However, there are some GST/HST implications to consider.

On April 16, 2024, the Minister of Finance presented the Government of Canada's 2024 Federal Budget ("Budget 2024"). Significant proposals and updates include increasing...

In 2018, the Federal Government announced proposed legislation that expanded trust disclosure reporting in the Income Tax Act. They are now moving forward with consultations to advance...

Change is a natural part of life – for people as individuals and in the lifecycle of a business as well. Companies must grow, evolve and re-invent to stay competitive in an ever-changing world.

Minister of Finance Jim Flaherty today tabled the 2014 Federal Budget (the "Budget") entitled The Road to Balance: Creating Jobs and Opportunities.

Minister of Finance Jim Flaherty today tabled the 2014 Federal Budget entitled The Road to Balance: Creating Jobs and Opportunities.

All Canadian resident taxpayers are required to file Form T1135 if at any time in the year the total cost amount to the taxpayer of certain foreign property was C$100,000 or more.

The IRS has agreed to delay by six months the implementation of the key provisions of the Foreign Account Compliance Act.

Following Finance Minister Bill Morneau's magical misdirection on Monday, October 16, 2017 (whereby the federal Liberal government made us look one way in their announcement ...

There have been dramatic changes to the Income Tax Act since 2014, the most recent of which have only come into effect in 2018.

Last month, the federal government released a discussion paper containing draft legislation and proposed measures that will significantly curtail common-place tax planning for many Canadian small business owners.

On April 16, 2009, the Federal Court of Appeal affirmed the decision of the Tax Court of Canada in “The Queen v. Gary Landrus”, holding that the general anti-avoidance rule (“GAAR”) did not deny the deduction of a “terminal loss” under subsection 20(16) of the “Income Tax Act” (Canada) (“ITA”).

In 2023, business owners with adult children can extract $971,190 of corporate retained earnings tax-free using their lifetime capital gains exemption.

On April 29, 2009, the Tax Court of Canada held in “Lehigh Cement Limited v. The Queen” that the general anti-avoidance rule (“GAAR”) applied to a series of transactions which resulted in interest payments by Lehigh on debt held by a related non-resident corporation being restructured as interest payments to an arm’s length non-resident bank in order to access the former “5/25” domestic withholding tax exemption for interest on certain arm’s length corporate debt.

In its 2021 budget, announced April 7, 2021, Manitoba proposed certain changes that will expand the scope of the requirements for businesses to collect and remit Manitoba Retail Sales Tax (RST).

The Canada Revenue Agency has been auditing taxpayers who have attempted to shift the taxation of their income away from their "home" province to a lower tax rate province.