July 26, 2022
by
Riccardo Zerbino
Our new Tax Alert highlights how past amendments by the Canada Revenue Agency (CRA) to the Voluntary Disclosures Program (VDP), along with recent court decisions, demonstrate the VDP should be used with extra caution. For those seeking immunity from interest and penalties, it is clearer than ever the VDP has become more restrictive, signaling the CRA’s heightened desire to combat tax evasion.
June 30, 2022
by
Sarah Perrin, Carl Scholz
Our new Tax Alert explains how subtle yet significant proposed amendments to the General Anti-Avoidance Rule (GAAR) can provide taxpayers and the Canada Revenue Agency (CRA) greater certainty and clarity. These proposed changes may also help reduce impractical and inefficient use of CRA resources. It all adds up to a proposal that should not be ignored.
June 3, 2022
by
Rock Lapalme
Our new Tax Alert explains how a prescribed rate loan can help lower your tax bill through income-splitting with a lower-income family member. However, the current prescribed rate will soon increase. That means now’s the time to lock in a lower rate to take full advantage of this tax savings strategy.
May 18, 2022
Despite significant challenges, the outlook for the engineering and construction industry across the country remains positive and highly receptive to mergers and acquisitions.
May 13, 2022
If you want to better understand Canadian tax rates in 2022, you are in the right place. We have compiled the following fact sheets to provide a convenient comparison of relevant tax rates for every Canadian province and territory.
May 12, 2022
by
Rebecca Wenglinski
Any attorney looking to build a book of business needs business development. However, networking and speaking engagements do not fit everyone’s personality.
May 12, 2022
by
Jordan Furlong
I want you to concentrate. Cast your mind back. Try to recall what life was like in the Before Times. Do you remember … The Commute?
May 12, 2022
by
David Cruickshank
The talent market for associate lawyers is red-hot. We are seeing record departures and stories of signing bonuses for second-year associates and clerks.
May 12, 2022
by
Lisa Altman
Working with journalists gives attorneys the opportunity to provide accurate and informative updates about the latest issues and trends affecting the legal community.
May 9, 2022
In a new report examining the Canadian HVAC industry in Q4 2021, Baker Tilly Canada Corporate Finance analyzes the industry’s strong performance.
May 4, 2022
by
Deepak Upadhyaya
Non-fungible tokens – NFTs – are quickly shifting from a buzzword to business model, according to Deepak Upadhyaya, Digital Technology and Risk practice leader for Baker Tilly Canada. Still, there are key considerations that must be addressed by brands seeking to effectively capitalize on this digital asset.
May 4, 2022
by
John Oakey
If you are involved with cryptocurrency mining, you need to understand the GST and HST implications of your operations. Our latest Indirect Tax Alert explores new draft proposals that would impact how activities such as Bitcoin mining are taxed.
May 2, 2022
On April 28, the Ontario government released their 2022 budget. The following are highlights of the key tax measures. Disclaimer: The tax proposals provided in the 2022 Ontario budget are subject to change depending on the results of the pending June 2, 2022 election.
April 26, 2022
by
Mandeep Gaheer, Hassanatu Timbo
Canada is one of 137 members of the Organization for Economic Cooperation and Development (OECD) that have joined the two-pillar plan for international tax reform. Budget 2022 reiterates the government’s commitment to address the challenges arising from the digitalization of the economy, and to work towards implementing both Pillar One and Two.
April 19, 2022
On April 12, the Manitoba government released their 2022 budget. The following are highlights of the key tax measures.
April 13, 2022
On April 7, the Newfoundland and Labrador government released their 2022 budget. The following are highlights of the key tax measures.
April 7, 2022
Budget 2022 rolls out housing and climate-friendly incentives, tightens up tax loopholes and extends the small business deduction for medium-sized CCPCs.
April 7, 2022
by
Tom Hunt, Rosa Maria Iuliano, Julianne McLaren, Robert Rock, Dave Clarke, Mike Hayward, John Oakey, Sylvain Campeau,
Joseph Belanger
The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, today tabled her second budget – “A Plan to Grow our Economy and Make Life Affordable”.
March 30, 2022
by
John Oakey
On March 29, the Nova Scotia government released their 2022 budget. The following are highlights of the key tax measures.
March 25, 2022
by
John Oakey
On March 23, the Saskatchewan government released their 2022 budget. The following are highlights of the key tax measures.
