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
Please use the below checklists to arrange for your information if you are filing Section 216 tax returns and non-resident individual income tax returns in Canada. Individual Tax Number (ITN) for Non-Residents Non-residents of Canada
2023 – Individual Income Tax Return (T1) Checklist Efiling Status: Canada Revenue Agency systems to allow electronic filing of Individual Income tax returns (T1) for 2023 on February 19, 2024. We have compiled the below
What is departure tax in Canada? How to manage it; exemptions, payment and deferral, and some planning options.
Non-residents of Canada face some challenges when it comes to compliance when owning Real Estate in Canada. Non-Residents here does not mean Non-Canadians, it also includes Canadian citizens and permanent residents who emigrated from Canada.
There are many reasons why Canadian tax residents move to the U.S. including economic opportunities, family reunification, education, and lifestyle preferences. Those who are planning their move to the United States must recognize the key
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
Immigration from the U.S. to Canada, or Canada to the U.S. is very common due to multiple reasons including personal, economic or political ones. There is a large number of U.S. citizens and Green Card
Important deadlines for 2023 Please note that these are the deadlines applicable to most taxpayers. Some of the information returns may not be included here. For up-to-date information, please always follow the deadlines communicated to
