Author: Carolyn Wong

by Carolyn Wong

The Toronto Vacancy Tax

On December 16, 2020, the City of Toronto approved the implementation of the new tax on vacant Toronto homes. The new tax is expected to generate at l...

by Carolyn Wong

Charitable Donations, Tax Shelters and the Sham Doctrine

Taxpayers can claim tax credits or deductions for charitable donations in certain circumstances. The Income Tax Act (“ITA”) proves a regime of cha...

by Carolyn Wong

GST/HST Rules for the Supply of Digital Products or Services

The Government of Canada has proposed new measures surrounding the registration and collection and remittance of the goods and services tax / harmoniz...

by Carolyn Wong

What is FAPI?

Foreign Accrual Property Income, or FAPI, are a set of rules in the Income Tax Act (the “ITA”) that treats property income the same as if accrued ...

by Carolyn Wong

Tax Residency and Avoiding Double Taxation

Canadian residents are responsible for taxes on their worldwide income. Please see our other article for more information about residency status. A n...

by Carolyn Wong

The GST/HST Self-Assessment Rules

To self-assess for GST/HST means calculating how much GST/HST should be paid on a good or service where no actual sale has been completed, and to char...