by Jason RosenWhat is Rental Income in Canada?
Rental income is the money or value you receive when you rent out property that you either own, or have the use of. The property may be yours wholly, ...
by Jason RosenCRA Moving to Electronic Notices of Assessment in 2023
On February 18, 2022, the CRA announced that beginning in 2023, they intend on providing electronic Notice of Assessments and Reassessments for taxpay...
by Jason RosenWhat is GST/HST?
What is the GST/HST? The Goods and Services Tax (GST) is a tax that applies to most supplies of goods and services made in Canada. The GST also applie...
by Jason RosenThe New 15% Global Minimum Tax Rate for Corporations
The Organization for Economic Cooperation and Development (OECD) has released their long-awaited Pillar Two model rules on December 20, 2021, marking ...
by Jason RosenCRA Review of Corporate Travel Expenses
The Canada Revenue Agency (the “CRA”) conducts regular reviews of corporate tax returns. As part of a new group project, the CRA is focusing on co...
by Jason RosenThe Tax Benefits of a Canadian Controlled Private Corporation
There are many tax incentives available to a taxpayer that is a Canadian-controlled private corporation (“CCPC“), including the small busi...
by Jason RosenOntario’s 2022 Staycation Tax Credit
In light of the many COVID-19 travel restrictions implemented by Ontario, the provincial government has introduced a new temporary Staycation Tax Cred...
by Jason RosenThe Tax Court of Canada – How to Start the Process
What is a Notice of Appeal? A Notice of Appeal is a document that is filed with the Tax Court of Canada (or whatever court the taxpayer is appealing t...
by Jason RosenThe Home Buyers’ Plan and the CRA
The Home Buyers’ Plan (“HBP”) is a program that allows qualified first-time home buyers (the definition for which can be found below) to withdra...
by Jason Rosen