On November 21, 2018, the Finance Minister, Bill Morneau, delivered the Federal Government’s 2018 Fall Economic Statement.
In providing its mid-year fiscal update, the Federal Government also outlined various tax proposals… Read More
Should a registered charity be permitted to engage in advocacy? What if that advocacy — letter-writing, advertising, contacting Members of Parliament — is the best way for the charity to achieve its… Read More
The Canada Revenue Agency (“CRA”) conducts audits on numerous taxpayers every year. Navigating one of these audits can be a challenging task, but there are numerous tips that can increase… Read More
Authors: Alain Gaucher, Q.C., and Ravtej Grewal
In the recent decision of Grimes v R, 2016 TCC 280, the Court considered a myriad of differing valuations for shares held by a… Read More
In the 2018-19 Saskatchewan Budget, Saskatchewan announced a new Saskatchewan Technology Start-Up Incentive (STSI) Program aimed at the rapid growth and success of newly-emerging technology companies in Saskatchewan.
This blog explains… Read More
Authors: Kimberly Burns, Mahdi Shams
It’s tax season, and the Canadian Revenue Agency (CRA) has published various forms of guidance on the tax treatment of cryptocurrencies for traders, investors, businesses and… Read More
After March 31, 2018, the prescribed interest rate set by the CRA for family income-splitting loans will double from the current rate of 1% to 2%.
This increase will affect the… Read More
On July 18, 2017, the federal Department of Finance (“Finance”) announced plans to eliminate a variety of tax planning opportunities involving the use of private corporations. The proposed changes are… Read More
Authors: Lesley Akst, Lane Zabolotney
On June 9, 2017, Canada Revenue Agency (“CRA”) released draft Information Circular IC00-1R6 concerning proposed amendments to the Voluntary Disclosure Program (“VDP”). The proposed amendments follow… Read More
It is vital for shareholders of small corporations to plan in advance what will happen to their shares in the event of an unexpected death. Often, this is done by… Read More
