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
Important Deadlines: 2024 Tax Returns to be filed in 2025 The 2024 tax season is approaching, and it’s time for individuals and businesses to start preparing to file their 2024 tax returns due in 2025.
Budget 2024: Federal government proposed changes to Capital gains inclusion rate in Canada. An overview of the proposed changes and planning opportunities.
Important Deadlines: 2023 Tax Returns to be filed in 2024 As the 2024 tax season approaches, taxpayers in both Canada and the United States must follow critical deadlines to ensure compliance and avoid penalties. This
BOI Reporting requirements for Canadian corporations and entities who are registered in the United States.
Question: Can a U.S. LLC claim exemption from Canadian corporate income tax under article VII of treaty if it has non-us members?
Question: My corporation, a CCPC, has a catering business and holds a building as an asset. I rent a portion of the building but use the rest in my operations. Is my corporation now Specified Investment Business?
How to calculate foreign accrual property income for a Canadian corporation.
T1134 has changed for the tax years starting Jan 1, 2021 with additional reporting and disclosure requirements.
In Ontario, real estate agents and realtors have traditionally operated as sole proprietors, as they were not allowed to incorporate their businesses. However, Bill 145, the Trust in Real Estate Services Act, 2020, introduced important
