Non-Resident Landlord Withholding Tax: Know Your Responsibilities
Landlords who are not tax residents of Canada and their tenants should be aware of filing and reporting requirements relating to the 25% federal...
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Penalties Applicable to Charities for Issuing False or Incorrect Donation Receipts
The Income Tax Act provides a significant deduction for charitable donations. A charity’s donation receipts can provide serious incentive to don0rs when...
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Canada Emergency Business Account (CEBA) Loan Forgiveness
During the Covid-19 pandemic, the Canada Emergency Business Account (CEBA) provided a lifeline for many businesses by offering interest free loans to help...
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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 credits,...
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Tax Implications of Spousal Support Payments in Canada
Navigating the tax landscape of spousal support payments can be complex, but it is essential for ensuring compliance with Canadian tax laws. Managing these...
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The Public Service Bodies’ Rebate
Charities often operate with tight budgets while delivering essential services. To support these vital organizations, the government offers a valuable...
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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 retroactively...
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SCC Dismissed Glencore Canada’s Application for Leave to Appeal
The Supreme Court of Canada (“the SCC”) recently dismissed Glencore Canada Corporation’s application for leave to appeal the FCA’s 2024 decision (2024 FCA...
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