Cryptocurrencies has developed into a sizzling topic over the last 2 years. Trending digital currencies such as Bitcoin and Ethereum have increased in value resulting in significant market capitalization, transactional ...
The future of buying and selling real estate with cryptocurrency
With cryptocurrency becoming more prevalent in today’s economy, discussion has turned to business transactions being made using cryptocurrency, in particular when buying and selling real estate with cryptocurrency. Already, certain American ...
Canadian cannabis stocks – the Canada-Israel link
The combination of Canada’s cannabis capital markets and Israel’s clinical research expertise have poised the nations for fruitful collaboration for Canadian cannabis stocks. While Canada has postponed the legalization of ...
Estate freezes: key to business owners’ estate planning to reduce or defer capital gains tax
Estate freezes have been the cornerstone of estate planning for business owners for as long as capital gains tax has existed in Canada, dating back to 1972. The main driver ...
Navigating the U.S. e-commerce state sales tax collection rules
On June 21, 2018, the U.S. Supreme Court ruled 5-4 in favour of allowing South Dakota to impose an e-commerce sales tax by Wayfair Inc. (“Wayfair”), a large online furniture ...
Update for CFC owners on mitigating the impact of U.S. tax reforms
U.S. citizens abroad who own an interest in a Controlled Foreign Corporation (“CFC”) have been unfairly targeted by two provisions of the U.S. tax reform that was legislated at the ...
Doing Business Globally: A Tax Update
In June 2018, in conjunction with hosting the international tax conference of Nexia International – a global network of independent accounting and consulting firms and one of the top ten global ...
GILTI or Not GILTI: A guide for U.S. expatriates living in Canada
First, expatriate U.S. citizens who owned a direct or indirect interest in a Canadian corporation had to deal with an unfair transition tax on the amount of earnings and profits ...