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News, tips, tricks, and insights from the world of Toronto tax law.
2024 Federal Budget: The CRA is Set to Claim a Larger Slice of Capital Gains – What Can You Do?
The Federal Budget 2024 (the “Budget”), announced on April 16, 2024, proposed an increase in the inclusion rate for capital gains for individuals and...
Read MoreThe Perils of Entering Into a Lease with a Non-Resident Landlord
Do you know your landlord? It cannot be denied that we are living in times of what feels like ever-increasing housing scarcity. Finding a safe place to...
Read MoreStreaming Success: Tax Implications for Gamers and Streamers in Ontario
In the vibrant landscape of digital entertainment, the realms of gaming and streaming have become more than just a pastime. For many, these platforms offer...
Read MoreThe Mismanagement of ArriveCAN and Taxpayer Dollars
On April 29, 2020, the Canada Border Services Agency (CBSA) launched the digital application ArriveCAN to streamline the collection of contact and health...
Read MoreFederal Court of Appeal Ruling in Glencore Canada Corporation v R – Implications for M&A Transactions
Background The Federal Court of Appeal (FCA) recently issued a pivotal ruling in Glencore Canada Corporation v R, sparking widespread discussion within...
Read MoreDirectors’ Personal Liability for Tax in Canada
From Boardroom to Courtroom: Unpacking Directors' Personal Liability Understanding directors' personal liability for tax assessments in Canada. Discover...
Read MoreThe Multigenerational Home Renovation Tax Credit
Having multiple generations living in the same home is a reality for many families in Canada today. This is the result of various factors, including the...
Read MoreA Guide on Tax Residency Determination in Canada
Under the Canadian taxation system, your income tax obligations and entitlements are informed by your residency status. Whether you're a Canadian citizen, a...
Read MoreAn Updated Guide to CRA Collections
What follows is a very broad overview of the state of CRA collections in a post-pandemic world. We also have blogs covering more specific collection topics,...
Read MoreArt and Donations
Art is meant to be experienced. Irrespective of whether those experiences take place in public or in private, art in any of its forms has the power to...
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