The recent U.S. tax reform has provided Canadian-based multinational businesses some powerful incentives to shift production to the U.S. – lowered tax rates, particularly for U.S. exporters, and accelerated write ...

Income taxes and capital gains rates unchanged in 2018 Federal Budget Finance Minister Bill Morneau released his 2018 federal budget (the “Budget”) on February 27, 2018 (the “Budget Date”). The ...

The U.S. is in the process of enacting the broadest change to its tax system since 1986. Rather than analyzing each change, the following 2-part series will focus on the ...

Do you rent out your home or claim home office expenses as a self-employed individual? One of the most well-known provisions in the Canadian Income Tax Act (“ITA”) allows taxpayers ...

While most business owners are accustomed to paying corporate, personal, and sales taxes, some are not as familiar with several lesser known taxes that can significantly impact the bottom line ...

Both houses of the U.S. Congress have passed different but similar U.S. tax reform bills. The differences will be reconciled by a joint committee of congress and the revised bill ...

Historically, real estate agents operating in Ontario have not been permitted to incorporate, because the Real Estate and Business Brokers Act to which they are subject, prohibits them from incorporating their ...

On October 3rd, 2017, we reported on Part 4: The Conversion of Income into Capital Gains, providing two examples of how double taxation could arise, should this proposed legislation be ...

Federal Government New Taxation Changes Announced October 16th, 2017 In our recent 4-part series, we took an in-depth look at how the Department of Finance’s proposed legislative changes could affect ...