These amendments broaden the scope of requests that can be made under section 231.1. Courts have generally taken a liberal view of what CRA is permitted to request of a taxpayer during a tax audit.

The new eight per cent tax bracket was announced as part of Budget 2025, which applies to income up to $60,000, down from the ...

CANMORE, AB, June 3, 2025 – The Building Industry and Land Development (BILD) Alberta Association is asking the Government of Alberta to review Canmore’s vacancy tax bylaw, citing concerns about the ...

François Brouard, DBA, FCPA, FCA is professor of taxation at the Sprott School of Business, Carleton University. Bertrand Lemieux, MBA, M.Fisc, MSc, CPA (auditor), CPA (US) is a doctoral candidate in ...

A Retirement Compensation Arrangement is defined under subsection 248 (1) of the Income Tax Act as a plan or arrangement under which an employer or former employer makes contributions to a custodian ...

Instead, from a wealth advisory perspective, one of the most strategically valuable (yet less publicly discussed) motivations is tax management. And, while many assume that philanthropy means donating ...

Should founders incorporate their startups in the United States or Canada? The choice of domicile is an important decision that can have long-term impacts on a startup company explains Gary Marshall ...

CCPCs can be eligible for a refundable scientific research and experimental development (SR&ED) investment tax credit rate of 35% on qualified expenditures, up to a limit of $3 million per year. This ...