by Jason RosenWhat is the Departure Tax?
COVID-19 has grounded many Canadians from international travel and has created unforeseen tax issues related to residency. As winter approaches, many ...
by Jason RosenThe 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...
by Jason RosenCRA Cyber Attack – Here’s What You Need to Know
On August 14, 2020, the Canada Revenue Agency (“CRA”) website was temporarily shut down following being hit by three cyber-attacks, potent...
by Jason RosenInternational Tax Issues Created by COVID-19
The ongoing COVID-19 pandemic has forced changes in all aspects of life. One of the main changes being the imposition of travel restrictions to and fr...
by Jason RosenThe CRA and US Real Estate Transactions
On June 25, 2020, the CRA announced it will undergo an extensive review of U.S. real estate transactions over the past six years to find any tax non-c...
by Jason RosenUnderstanding how FINTRAC may impact your Business
The Financial Transactions and Reports Analysis Centre of Canada, otherwise known as FINTRAC, is Canada’s financial intelligence unit. Its main ...
by Jason RosenNon-Residents of Canada owning Canadian Rental Property
The idea of owning property and generating a rental income is very appealing to most people. This is especially true in major cities across Canada lik...
by Jason RosenWhat if I use an RRSP as Security for a Loan?
A Registered Retirement Savings Plan is used to defer taxes on income earned to a later date. The idea behind an RRSP is that while you’re worki...
by Jason RosenCRA Collections and COVID-19
Given the unprecedented financial turmoil facing Canadians as a result of the COVID-19 Pandemic, on March 20th 2020, the government of Canada announce...
by Jason Rosen