

Tax Treaties: How They Impact Canadian Taxpayers
Tax treaties play a crucial role in the global economy, helping to prevent double taxation and fostering economic cooperation between countries. For C...

Recent Enhancements to the GAAR
The General Anti-Avoidance Rule (GAAR) has been a cornerstone of Canadian tax law since its inception. This provision empowers the Canada Revenue Agen...

Strategic Tax Planning: Maximizing Wealth
Strategic tax planning is a critical process for individuals and businesses alike, aiming to minimize tax liabilities while maximizing financial outco...

Understanding Tax Exemptions
Tax exemptions are crucial for reducing your taxable income and, in turn, your overall tax liability. For Canadian taxpayers, understanding what quali...

New Surtaxes on Imports Starting October 1, 2024
On August 26, 2024, the federal government announced new surtaxes targeting imports from China. This move is aimed at safeguarding the Canadian automo...

Unused Tuition, Textbook, and Education Tax Credits
The Canadian tax system offers several tax credits aimed at supporting students with the financial burden of post-secondary education. Two of these cr...

The 2024 Digital Services Tax: What Businesses Need to Know
What is the Digital Services Tax? The Digital Services Tax (DST) was initially proposed in 2020 and was implemented in 2024. This tax applies retroact...

How to Complete a Tobacco Information Return as a “Prescribed Person”
What is a Tobacco Information Return? Form B285, otherwise known as a Tobacco Information Return, is a return that must be filed monthly by an individ...

Tax Exempt Therapies – Practitioners Guide
Canadians have come far with destigmatizing and normalizing therapy, however a barrier many still face in accessing therapy is the excessive costs. In...
