
The British Columbia Speculation Tax
It’s no secret that Vancouver is one of Canada’s hottest real estate markets, and that other large urban centres in British Columbia have enjoyed ...
Unreported Income and the CRA
Unreported Income and the CRA Canada’s tax system is built on the premise that those filing their taxes are being honest with the Canada Revenue...
The Disability Tax Credit
The Disability Tax Credit The disability tax credit (DTC) is a non-refundable tax credit that helps Canadians with disabilities pay for their out of p...
GST/HST New Home Housing Rebate
GST/HST New Home Housing Rebate When you buy a new property in Canada, you must pay GST or HST on the purchase. However, purchasers can receive a reba...
Exporting Vehicles – GST/HST and Input Tax Credits
Exporting Vehicles – GST/HST and Input Tax Credits The sale and export of vehicles from Canada should theoretically yield GST/HST refunds. These...
The CRA and Director’s Liability
What is Director’s Liability? In Canada, corporations are considered to be separate legal entities with their own assets and liabilities. It is a ba...
CRA Section 160: Can I fight a Section 160 Assessment?
Section 160: Paying Other People’s Taxes As explained previously (here), section 160 of the Income Tax Act, and its counterpart, section 325 of ...
Have You Received A GST/HST Audit After Already Being Audited?
GST/HST Audits after already being Audited Subject to exceptions, Canadians running businesses are expected to collect and remit GST/HST to the govern...
The Small Business Deduction and the New Passive Investment Rules
In 2017, the Federal Government announced its intention to make sweeping changes towards small business taxation in Canada. The government initially t...

