Canada
In this article for the Canadian Consulting Engineer, the author shares key tax considerations for firms sending their employees to Canada.
Recent court cases suggest that the CRA is using section 160 – which entails assessing a person for another’s tax debt – more aggressively.
Tax treatment of demolition costs is fact-sensitive and requires an in-depth analysis of the taxpayer’s intent and business considerations.
Will the CRA increase its use of the sham doctrine as a basis to reassess taxpayers? Read here for further details.
The whitepaper, originally published by the Canadian Tax Foundation, provides an update on TOSI based on recent CRA cases.
Our Global Employer Services (GES) practice has put together a list of items that should be reviewed to ensure a smoother transition.
This article highlights proposed tax measures presented by the Liberal Party of Canada in their 2019 election platform.
The Tax Court held that a shareholder didn’t receive taxable benefits when her corporation completed leasehold improvements to her property.
Our tax group examines the conditions when the reasonable return exclusion applies to taxpayers receiving dividends from a family business.
Quebec government fights abusive tax avoidance by proposing rules that may impact taxpayers with GAAR-based penalties.
What are the material changes in CRA’s Voluntary Disclosures Program and how do the changes affect taxpayers?
As TOSI rules continue to evolve, a recent CRA case offers insight on the excluded shares exception for corporate partnerships.
Penalties under subsections 162(5) & (7) may be assessed simultaneously if the taxpayer late-files a T1135 with missing required information
Taxpayers beware - CRA’s GST/HST audits have increased significantly and it has become very aggressive in its tax positions.
Canadian firms need to be aware of significant Canadian tax pitfalls that may arise when considering investments into opportunity zones.
CRA confirmed that pipeline transactions are still appropriate post-mortem planning tools to avoid double tax on private corporation shares
Taxpayers may have to reallocate partnership income and loss if their original allocation does not meet CRA's “Reasonableness Test”.
Businesses registered for GST/HST and without a physical presence in Quebec will be required to register for QST starting in September.
Associated corporations must pay attention to the income recharacterization rule when applying for the small business deduction.
Due to the difficulty around Tax on Split Income (TOSI) rules, taxpayers should do a careful analysis to determine if exclusions apply.