May 25, 2023 by Dean Morris
Much like large global companies, small‑ to medium‑sized enterprise multinational enterprises (MNEs) may be subject to complex transfer pricing requirements. As governments increasingly seek to protect their tax base, our new Tax Alert focuses on the transfer pricing challenges and considerations facing small‑ to medium‑sized enterprise MNEs.
May 15, 2023 by Melinda Fleming
Planning to build or substantially renovate a residential rental property? Whether it’s a small rental house or large apartment tower, property developers in Canada are subject to strict GST/HST obligations.
April 21, 2023 by John F. Oakey, Rock Lapalme
Among its wide-ranging tax measures and initiatives, Budget 2023 provides long-awaited clarity on the issue of intergenerational transfers.
April 20, 2023 by Mike White
The biggest chokepoint in law firms these days is the inability to align most lawyers – particularly younger lawyers – around behaviors that keep their firm most healthy. I am often asked, “This remote/hybrid work model is shielding our people from the collective ambition and shared expectations that are the mother’s milk of firm success. How do we motivate our lawyers to really extend themselves for our firm, and what should those contributions look like?”
April 20, 2023 by Heather Gray-Grant
While I help law firms deal with a myriad of issues, the top focus of my consulting advice in 2022 had to be associate churn. So, here is a two‑part post on this issue. First, I want to speak to associates who are considering leaving their firm. Next, I will speak to law firms about how to create conditions that will lessen associate temptations to leave.
April 20, 2023 by Jordan Furlong
Some people think large language models will transform the practice of law. I think it's bigger than that.
April 20, 2023 by Carlos Arcos
I recently received a request from a client to promote a recent litigation success for their firm by getting the victory placed in the news. But by the time I received the information, the victory was days, if not weeks, old.
April 20, 2023 by Carlos Arcos, Jordan Furlong, Heather Gray-Grant, Mike White
Now more than ever, law firms must continually reevaluate how they operate. With this in mind, our new Lawyers Alert examines a variety of relevant topics, including how to effectively incorporate your firm’s litigation successes as part of your overall marketing strategy, the impact of large language models (such as ChatGPT4) on the legal sector, ways in which firms can reduce associate churn and fostering a culture that motivates lawyers to truly perform at their best. We encourage you to review these feature articles, as they offer sharp insight and actionable advice to give your firm an edge.
Seeing is understanding. Federal budgets can be complex and challenging to comprehend. That’s why we created this infographic to help break it all down.
The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, today tabled her third budget – “A Made in Canada Plan” – which plans to build a stronger, more sustainable, and a more secure Canadian economy – for everyone.
March 24, 2023 by John F. Oakey, Rock Lapalme, Brenda Scott
On March 23, the Nova Scotia government released its 2023-24 budget. The following are highlights of the key tax measures.
March 24, 2023 by John F. Oakey, Brenda Scott, Rock Lapalme
On March 23, the Ontario government released its 2023 budget. The following are highlights of the key tax measures.
March 23, 2023 by John F. Oakey, Rock Lapalme, Brenda Scott
On March 23, the Newfoundland and Labrador government released its 2023 budget. The following are highlights of the key tax measures.
March 23, 2023 by John F. Oakey, Rock Lapalme, Brenda Scott
On March 22, the Saskatchewan government released its 2023 budget. The following are highlights of the key tax measures.
March 22, 2023 by John F. Oakey, Rock Lapalme, Brenda Scott
Baker Tilly Canada is pleased to continue our tradition of providing valuable commentary and analysis of federal and provincial budgets. Click on any flag below to see corresponding 2023 budget highlights – from changes to personal and corporate tax measures to indirect tax updates and more. Speak to your Baker Tilly Canada advisor to understand how these policies could affect your business.
March 22, 2023 by John F. Oakey, Brenda Scott, Rock Lapalme
On March 21, the New Brunswick government released its 2023 budget.
March 22, 2023 by John F. Oakey, Rock Lapalme, Brenda Scott
On March 21, the Québec government released its 2023-2024 budget. The following are highlights of the key tax measures.
March 15, 2023 by Bal Katlai, Rock Lapalme
In Foix v. The King, 2023 FCA 38, the Federal Court of Appeal (FCA) ruled that a distribution of funds following a hybrid sale was subject to the application of subsection 84(2) of the Income Tax Act (ITA), affirming the Tax Court of Canada (TCC) ruling, Foix v. The Queen, 2021 TCC 52.
March 14, 2023 by John F. Oakey
On Feb. 28, 2023, the U.S. Supreme Court ruled in the case of Bittner v. United States1 that the non‑willful penalty for failure to file the Foreign Bank and Financial Accounts (FBAR) report was on a per report basis, not per account basis.
March 8, 2023 by John F. Oakey, Brenda Scott, Rock Lapalme
On March 7, the Manitoba government released its 2023 budget. The following are highlights of the key tax measures.