Our Professionals in Ottawa
Our professionals in Ottawa
Diana Cameron, CPA, CA
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Fair Market Value on CRA appraisals are inclusive of GST/HST for builder‑landlords
A recently obtained Canada Revenue Agency (CRA) internal communiqué – dated May 17, 2023 – states “effective the date of this communiqué, CRA appraisers will report Fair Market Value (FMV) as inclusive of GST/HST.” This is good news for builders, reducing appeals and objections resulting from disputes with the CRA on FMV as it relates to self‑supply of residential complexes.
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2024 British Columbia provincial budget tax highlights
On Feb. 22, 2024, the British Columbia government released its 2024 budget. The following are highlights of the key tax measures.
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2024 Manitoba budget tax highlights
On April 2, the Manitoba government released its 2024 budget. The following are highlights of the key tax measures.