Insights – Home
Take Advantage of our Insights and Tax Questions
Human-written quality content, without any AI or Bot assistance, so you can trust!
We attempt to assist our readers by simplifying some of the complex income tax issues in Canada. Occasionally, we answer the general tax questions as well that can help a broader readership of our blog section.
INSIGHTS
T4A-NR Reporting Requirement
T4A Information Reporting Requirement A T4A NR is the CRA information slip used to report payments made during a calendar year to non resident individuals partnerships or corporations for services they performed in Canada when
Canada’s 2025 “Middle-Class’ Tax Cut
The headline measure is straightforward: the Government of Canada announced a reduction in the lowest federal marginal personal income tax rate from 15% to 14%, effective July 1, 2025. What changed for 2025 returns –
Bill C-15: Proposed End of UHT Returns
Bill C-15 and the Underused Housing Tax (UHT): Proposed Elimination of UHT Filings Starting in 2025 Last updated: January 2026 The federal Underused Housing Tax (UHT) has created significant compliance obligations for Canadian and non-resident
Remote Employees and Permanent Establishment (PE) Issues for Employers
Explains when remote employees working abroad may create a permanent establishment for employers, with OECD 2025 guidance, CRA interpretation, and Canadian corporate tax considerations
CRA Voluntary Disclosure Program (updated)
Voluntary Disclosure Program in Canada The Voluntary Disclosures Program (VDP), administered by the Canada Revenue Agency (CRA), is one of the most important compliance tools in Canada’s tax system. VDP gives taxpayers a structured pathway
Infographic: Non-Residents Owning Canadian Properties
Filing requirements: Non-residents with Rental income from Canada Non-residents of Canada who own Canadian real properties and generate rental income from such properties need to comply with certain reporting requirements. Important Disclaimer: Please note that
TAX QUESTIONS
Taxation of RSUs after moving from Canada
Question: I moved from the U.S. to Canada in April of 2024 after I got my Canadian PR approved. I have RSUs that were granted while I was in the
Short Term Rentals in Canada
Tax Question Asked by: Andrea J. Marie I have a condo that I use as an AirBNB in Toronto. I am recently told that I cannot claim any tax deductions
Bare Trust Reporting in Canada
Question asked by Sumit Khanna My son owns a house where he lives. He was having a hard time getting a mortgage. I decided to be on the title of
Late filing Penalties for form 5471
Tax Question asked by Aiman Doe (Name changed at their request) I am an American living in Canada since 2011. I own a Canadian Corporation since 2012. I have never
Tax Treaty Benefits for Non-U.S. members of LLC
Question: Can a U.S. LLC claim exemption from Canadian corporate income tax under article VII of treaty if it has non-us members?