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

Uncle Sam just managed to dig out a quarter hiding in his couch. Or maybe his patience is just running thin with renouncers.

In our firm's latest podcast, Kenneth Keung and Kim G C Moody discuss a topic that has becoming very prevalent in the past few years: Canadians wanting to move to the U.S.

This morning the US Treasury Secretary, Steven Mnuchin tweeted, that "At @realDonaldTrump's direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have...

As of July 6, 2021, certain fully vaccinated travellers will be able to enter Canada without a period of mandatory quarantine.

Today, Immigration, Refugees and Citizenship Canada (IRCC) expanded the list of persons who are eligible to travel to Canada during the COVID-19 pandemic

Today, Immigration, Refugees and Citizenship Canada (IRCC) expanded the list of persons who are eligible to travel to Canada during the COVID-19 pandemic

Today, Prime Minister Justin Trudeau announced additional quarantine measures aimed at preventing the spread of COVID-19. These new rules significantly tighten up border control in response...

The latest data from USCIS is in, and suggests that the EB-5 Immigrant Investor Program is alive and growing healthier by the quarter.

The past month or so – and in particular the last week – all of us have experienced some very wild changes, volatility and surprises.

In Canada, the tax advisory profession is dominated by the accounting and legal professions. Much of what the two professions do is the same, however, there are also distinct differences.

Today, the Alberta Provincial and Canadian Federal Government announced a joint pilot program in Alberta whereby certain travellers arriving at Calgary International Airport...

After a flurry of submissions—more than 21,000—to the Department of Finance regarding the July 18, 2017 private corporation tax proposals, the minister of finance made a number of announcements between October 16 and 20.

As we have previously written, the Canada Revenue Agency ("CRA") is aggressively reviewing certain Tax Free Savings Accounts ("TFSAs").

The IRS announced on May 21, 2018, the rollout of six additional compliance campaigns to be undertaken by the Large Business and International Division (LB&I).

The prescribe rate of interest is a tool the Income Tax Act uses as a yardstick for what constitutes "proper" cost of financing. Examples of some of the situations the prescribed rate...

On April 9, 2020, the IRS released Notice 2020-23, expanding on the relief previously provided in Notices 2020-17 and 2020-18. As discussed in our March 20, 2020 blog

At the International Fiscal Association conference held in Montréal on May 26, 2016, the CRA orally announced its conclusion that US LLLPs and US LLPs would be classified as corporations for Canadian tax purposes.

The ongoing wage subsidy saga is a perfect case study of the dilemma faced by drafters of tax legislation: Should tax legislation be drafted broadly so as to impact everyone equally...

Should the legal profession use the existence of privileged communications as a marketing tool?