Ideas & Insights

The results are in and the Liberals have formed another minority government, what does this mean for taxpayers?

Due to ongoing drought conditions, the government expanded the list of 2021 prescribed regions eligible for Livestock Tax Deferral.

With Canadians heading to the polls on Sept. 20, the federal parties’ campaigns have proposed a number of potential tax changes.

Steps for a foreign business to set up in Canada. What needs to be done in advance, including registrations, etc.

Leanne Alexander outlines the capital gains tax implications of replacement farmland and offers expert guidance for farmers.

Leanne Alexander outlines some key tax and business considerations for farmers looking to purchase or sell farmland.

Farm partnerships represent beneficial tax structures, which can exist between both individuals and corporations.

Many Canadian farmers maybe thinking about passing their land on to a spouse or a child, but need to understand the tax implications.

Many tax reasons that may incent the decision to lease. Before deciding, you need to understand relevant tax and non-tax information.

Finance released details of Luxury Tax proposed to apply to the sale and importation of aircraft, new vehicles and boats of a certain value.

A summary of key business and personal tax measures proposed by the provincial and territorial budgets released this fiscal year.

Finance released details of the proposed ‘Underused Housing Tax’ aiming to tax underused and vacant homes owned by non-residents of Canada.

Taxpayers engaged in merger and acquisition transactions should be aware of the FCA’s expansive interpretation of an acquisition of control.

Businesses with international footprints may be impacted by the ratification of a major international tax agreement.

A new CRA view provides that a tenant in a non-arm’s length lease is not entitled to CERS, even for expenses paid to arm’s length parties.

Many non-residents fail to file the subsection 216(1) return on time – but CRA may be willing to accept late-filings.

Nonprofits should stay attuned to changes in their environments and take steps to improve the financial stability of their operations.

Credit notes are commonly used in various transactions, but can have significant tax implications for GST/HST and QST registrants.

Bill C-208 has received Royal Assent and is now law, but legislative amendments are expected to support only bona fide business transitions.

The time period for the temporary BC provincial sales tax rebate on select machinery and equipment on purchases closes Sept. 30, 2021.