
Form T2125 (Statement of Business or Professional Activities)
If you’re self-employed or earn income from a business or professional activity in Canada, you’ll need to complete Form T2125, also known as the S...
Business Expense Examples: A Guide for Canadian Entrepreneurs
Understanding what qualifies as a business expense is crucial for Canadian entrepreneurs looking to maximize their tax deductions and reduce their ove...
Adjusted Rates of Excise Duty on Beer, Spirits and Wine
Effective April 1, 2024, the Canadian government has revised the Excise Duty rates for beer, spirits and wine, instituting a temporary freeze on annua...
Corporate Tax Strategies in Canada
Navigating the complex landscape of corporate taxes in Canada can be a daunting task for any business. At Rosen & Associates Tax Law, we understan...
Financial Security Requirement for Beer Manufacturers
On May 6, 2024, the CRA released a circular that explains the requirement, as per the Excise Tax Act, that manufacturers of beer or malt liquor, wort,...
The Taxation of Stock Options and Other Equity-Based Compensation
Stock options and other equity-based compensation are commonly used by companies to attract, retain, and incentivize employees. However, commensurate ...
Directors’ Personal Liability for Tax in Canada
From Boardroom to Courtroom: Unpacking Directors’ Personal Liability Understanding directors’ personal liability for tax assessments in Ca...
Updating the GAAR
The GAAR, or General Anti-Avoidance Rule, is a rule meant to prevent abusive tax avoidance. It functions by denying Canadian taxpayers the benefits of...
A Tax on Repurchases of Equity, Including Share Buybacks
The 2023 Federal Budget included draft legislation which would implement a 2% tax on public corporations’ repurchasing of shares from their investor...