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Vancouver Tax Law News
News, tips, tricks, and insights from the world of Vancouver tax law.
Bare Trusts – Demystifying T3 Filing Requirements
In recent years, Canada has introduced sweeping changes to trust reporting obligations, significantly affecting various trust structures—including bare...
Read MoreHow a GST Elimination on New Homes Could Affect the Existing Housing Rebate Framework
In wake of the recent federal election, Prime Minister Carney’s platform placed a greater focus on eliminating the Goods and Services Tax (GST) for...
Read MoreMEGLobal Canada ULC v. The King: Jurisdiction for Tax Appeals
When a taxpayer disagrees with a decision made by the CRA and they have exhausted their right of appeal with the CRA Appeals Division (or has elected to...
Read MoreChallenging Revocation: What to Do When your Charity’s Registration is at Stake
The Income Tax Act grants registered charities numerous tax benefits, not least of which is the ability to issue receipts for donations that entitle the...
Read MoreOwner-Manager Remuneration: Characterization of Payments
The Background The recent case involving Malamute Contracting Inc., a small Ontario business specializing in kitchen and bathroom renovations, highlights...
Read MoreTaxpayer Bill of Rights Canada: Rights and Protections
The Taxpayer Bill of Rights is an essential framework designed to protect Canadian taxpayers when dealing with the Canada Revenue Agency (CRA)....
Read MoreTax Repayment Plans: Navigating Options with the CRA
Dealing with tax debt can be overwhelming, especially when you’re faced with mounting interest and penalties. If you owe money to the Canada Revenue Agency...
Read MoreCapital Loss Carryforward: Maximizing Tax Benefits
Managing investments can be financially rewarding, but not every investment yields positive returns. Sometimes, you may sell an asset for less than its...
Read MoreTaxable Benefits: How They Impact Your Income
In Canada, employers often provide benefits to their employees as part of their compensation package. While these perks can be advantageous, many are...
Read MoreFamily Tax Planning Strategies to Maximize Tax Savings
Family tax planning involves organizing your financial affairs to minimize the overall tax liability of your household. It takes into account the income,...
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