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Recent Publications - Infographic

Recent Publications

April 20, 2021

Focus on recovery

Our handy infographic highlights some of the top business tax policies you might want to be aware of, followed by a quick roundup of additional tax updates from Budget 2021.

December 10, 2020 by Sameer Noormohamed

Infographic: Shining a light on indirect tax

Indirect taxes are highly complex and often overlooked. Since they can be imposed by major tax jurisdictions at practically any stage of production and distribution, they must be managed and monitored vigilantly. If ignored or dismissed, they can result in exposure and exact a heavy toll on your company’s overall operations, cash flow and profitability.

October 25, 2018 by Craig Hoover

Infographic: New funding opportunities

The Canadian Agricultural Partnership (CAP) launched on April 3, 2018. This five-year federal and provincial initiative is designed to strengthen agriculture, agri-food and other agri-based businesses across Canada. While some provinces are fine-tuning their agreements, CAP in Ontario has been implemented to provide funding in order to boost competitiveness, prosperity and sustainability within the agricultural sector.

January 5, 2018

Infographic: The new rules of the road

On Dec. 13, 2017, Finance Canada released Amendments to the Income Tax Act and Regulations and Explanatory Notes, simplifying measures to restrict income sprinkling. This infographic will focus on the changes to the July 18 proposals, exclusions, reasonableness test and a brief update on the status of the proposed measures related to passive investments. 

October 18, 2017 by Thomas Blonde

Infographic: Farm business incorporation

There are several major planning items that need to be considered before and after incorporating a farm business. If you have consulted your Collins Barrow advisor and decided incorporation is right for you, gaining an up-to-date understanding of these issues is the best way to ensure your corporation is set up correctly. This infographic offers a refresher on the most important aspects of incorporation, helping your business devise the most optimal tax strategy.

April 24, 2017 by Brandon Gilbert

Infographic: The pros and cons of incorporation

If you are a doctor or dentist who is considering incorporating, it is important to know when it’s appropriate to take this step. Could income-splitting, the tax deferral and the capital gains exemption have a positive effect on your savings? Not everyone is in a position to benefit from these opportunities, but if the examples outlined in this infographic apply to your practice, incorporating could be right for you.

February 8, 2017 by Mike Hayward, Todd King

Infographic: Haven’t fulfilled your U.S. tax obligations?

In recent months, there have been rumblings that the streamlined program — a “friendly” system that helps U.S. taxpayers living abroad get caught up on their filing obligations — is coming to an end. If you are an American citizen or Green Card holder who hasn’t been filing American taxes, now is the ideal time to get caught up, as you may be running out of time to avoid harsh penalties.

November 14, 2016 by Darlene Shaw

Infographic: The limits of “limited liability”

Canada Revenue Agency (CRA) has unexpectedly concluded that U.S. limited liability partnerships (LLPs) and limited liability limited partnerships (LLLPs) share more of a likeness with Canadian corporations than they do with Canadian partnerships. Thus, the tax implications for these entities have shifted and financial strategies for Canadian investors with a stake in such partnerships must change.