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Bill C-208 has received Royal Assent and is now law, but legislative amendments are expected to support only bona fide business transitions.
Shortly after the G7 agreement, 130 countries and jurisdictions agreed to work collaboratively to reform the international taxation rules.
Effective July 5, 2021, Ontario corporations will no longer be required to have at least 25% of their directors be resident in Canada.
Bill C-208 proposes changes to the tax treatment of inter-generational transfers of farm, fishing and small business corporations.
Building off OECD’s Pillars One and Two, the G7 leaders agreed to global tax reform measures targeting large international companies.
The Federal Budget announced new, and extensions to existing, economic recovery measures for businesses in the consumer products industry.
Do you need to speak to CRA on behalf of corporation? CRA appears to be implementing a new requirement for level 3 authorization.
The pandemic continues and CRA has refused to provide an extension to the April 30 deadline. What should you do if you cannot file on time?
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