1,610 results found

On February 27, 2018, the Federal Minister of Finance, Bill Morneau, tabled the current Liberal government's third budget.

Recent news from Gowlings relating to CanadianTax.

In the February 27, 2018 Budget, the Federal Government announced that it "intends to clarify which expenses for the parent corporation that are in respect of shares or indebtedness of a related ..."

Budget announcements from the Government of Alberta for the last number of years have generally been humdrum events.

The 2024 Federal Budget, introduced on April 16, 2024, brought significant changes to Canada's tax landscape, particularly for business owners and investors.

Immigrants account for approximately a third of all business owners in Canada.

Les obligations fiscales prévues à la partie VI.1 de la Loi de l'impôt sur le revenu (la « Loi ») sont souvent décrites comme « un risque caché pour les moins vigilants », car elles peuvent...

When are the parties to a civil tax dispute bound by agreed facts from a criminal proceeding?

On December 7, 2015, Finance Minister Bill Morneau tabled a Notice of Ways and Means Motion (NWMM) which includes proposed personal income tax rate changes...

Today, Ontario Finance Minister, Dwight Duncan tabled the province’s 2012 budget. This year’s budget, entitled "Strong Action for Ontario," proposes a five-year plan to eliminate the province’s deficit and balance the budget by 2017-18.

On September 23, the Ontario government released the “Ideas for the Future Act, 2008”, fulfilling a promise included in the 2008 Ontario Budget to provide a 10-year Ontario corporate tax holiday for new corporations that commercialize intellectual property in certain new growth areas developed in conjunction with educational institutions or research institutes.

Yesterday, the Department of Finance released their much anticipated consultation paper Tax Planning Using Private Corporations.

Canadian tax amendments proposed on August 14, 2012 (the Proposals) could adversely affect common acquisition structures for acquiring Canadian corporations with foreign subsidiaries.

On June 21st, the Ontario government introduced legislation in order to implement the new Ontario Health Premium ("<B>OHP</B>") that was introduced by the 2004 Ontario budget. The OHP will be enacted through an amendment to the Ontario <I>Income Tax Act </I>with the result that standard income tax source deduction rules will apply to the collection of the OHP

Certain accounting or legal fees such as the cost of representation on tax disputes are deductible in the year paid.

Canadian start-ups, including those in the information technology sector (i.e. mobile apps, computer software and other information technologies ("IT")) may benefit from certain tax and corporate advantages...

Canada's new Productivity Mega Deduction promises to slash the marginal effective tax rate on business investment to just 6.4%, positioning the country as the most competitive G7 nation for capital deployment. This permanent tax incentive extends immediate expensing to roughly 65% of capital assets, fundamentally reshaping the economics of investing in Canadian operations across manufacturing, energy, technology, and resource sectors.