As a leading mid-market firm, we have been serving the Montréal business community for more than 70 years. From real estate to manufacturing, import/export and high-tech to retail and the service industry, we have experience in virtually every sector of the Canadian economy. Committed to professionalism and excellence in personalized service, we adapt to the changing needs of every client. Quite simply, we put our clients first.
Most farmers understand that there are many tax advantages to owning farmland. However, more complicated structures are sometimes needed for those advantages to be realized. One such structure involves owning farmland in a holding company.
In its role as a financial advisor, Baker Tilly Canada Corporate Finance (BTCCF) helps small- to mid-size companies execute sell-side, buy-side and valuation engagements.
In December 2017, President Trump signed the Tax Cuts and Jobs Act (TCJA) into law. The TCJA made significant amendments to the Internal Revenue Code (IRC). Among them was the introduction of a transition tax under IRC section 965—a tax on accumulated earnings of certain foreign corporations in the hands of U.S. shareholders. This new tax marked a transition to taxing the active income of foreign corporations.
Victoria, B.C. – Baker Tilly Victoria is proud to announce two of its valued staff, Jonathan Gehrts and Stephen Leaver, have been promoted to principal.
Ottawa, ON – Baker Tilly Ottawa is proud to join Royal Bank of Canada and Borden Ladner Gervais LLP to present the 14th annual Not-for-Profit Sector LAB (Legal, Accounting, Banking) Update on Nov. 24.
On October 21, 2021, two days before most of the Federal government’s COVID-19 recovery programs were set to expire on October 23rd, Deputy Prime Minister and Finance Minister Chrystia Freeland announced the expansion of these programs under a more targeted approach. This announcement was subsequently supported by information published by the Department of Finance on their website.
Montreal, QC – For the ninth consecutive year, Collins Barrow Montreal will take part in The Weekend to End Women's Cancer. In August, dozens of participants from the firm will join forces for OneWalk to Conquer Cancer™, the Jewish General Hospital's next-generation fundraiser.
Cobourg, ON – With great admiration and gratitude, Baker Tilly KDN LLP (BT KDN) announces the retirement of Sharron Wharram-Spry after more than 30 years in the accounting industry.
The sale of vacant land can be taxable or exempt for purposes of GST/HST under the Excise Tax Act. Generally, vacant land sold by individuals is exempt, subject to certain exceptions.
Montreal, QC – Back to school is an exciting time for families, but for parents who work hard to cover the basic costs of raising a family, the extra burden of purchasing school clothes and supplies can be stressful financially.
The new Ontario Business Registry was launched on Oct. 19, 2021 for businesses and not-for-profit corporations of all sizes. The new registry permits registered entities to access more than 90 services online including registering a new business, dissolving an existing one and filing an annual return. The registry is available 24 hours a day, 365 days a year.
When the most recent federal budget was released on April 19, 2021, it was announced that CCA rates will change for farm businesses that are Canadian-controlled private corporations (CCPC). Under this announcement, CCPCs would be entitled to immediately expense their capital purchases when they calculate their income for tax purposes.
