Baker Tilly Canada
Close
Insights
Service
Industry
City
Category
Reset
Business advisory services Private enterprise Tax advisory
Government announces targeted COVID-19 support measures
On October 21, 2021, Chrystia Freeland expanded federal COVID-19 recovery programs with a more targeted approach.
Oct 22, 2021
A close-up of a blue gemstone.
Audit and accounting Private enterprise Indirect tax Tax advisory
Is the sale of vacant land by an individual subject to GST/HST?
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.
Oct 22, 2021
A bright white iceberg, half submerged in turquoise waters.
Business advisory services Tax advisory
Insurance Tracking Shares
If a taxpayer owns shares of a corporation and passes away, he or she is deemed to have disposed of their shareholding at fair market value (“FMV”) unless a tax-free rollover is applied...
Steven Frye Sep 23, 2021
Publications-All about estates
Get our newsletter
Stay informed on what matters most to your success.
Corporate finance Valuations Audit and accounting Tax advisory
The profits and pitfalls of maintaining QSBC share status
Bill C-208's Royal Assent highlights the importance of maintaining QSBC share status for tax planning opportunities.
Sep 21, 2021
Dark stormy waters with a big whitecap.
Tax advisory
Amending tax elections after the fact
The rollover provisions of the Income Tax Act, under subsection 85, permit a taxpayer to elect to transfer "eligible property" to a taxable Canadian corporation in exchange for consideration that includes at least one share of the corporation.
Steven Frye Aug 11, 2021
Publications-All about estates
Audit and accounting Private enterprise Tax advisory
New business registry created for all Ontario businesses
Updated May 13, 2021, The Canada Revenue Agency (CRA) and Service Ontario announced they are severing ties as of May 15, 2021 regarding the agreement to submit Ontario corporate annual information returns through the CRA’s tax filing system.
May 13, 2021
A close-up of a blue gemstone.
Tax advisory
What is a Reasonable Error?
The Canada Revenue Agency (“CRA”) does have the discretion to waive tax penalties on excess (or deemed to be excess) contributions to Tax Free Savings Accounts (“TFSAs) and Registered Retirement Savings Plans (“RRSP”)
Steven Frye May 11, 2021
Publications-All about estates
Business advisory services Audit and accounting Tax advisory
COVID-19 Emergency Business Supports – Extensions and a new program
With the release of Budget 2021 amid the global COVID-19 pandemic, it was expected that the federal government would expand some of the federal relief programs, as well as introduce new ones. The 2021 budget accomplished both the extension of existing business support programs and the introduction of a new benefit.
Apr 19, 2021
Budget Watch 2021-New and Extended Relief Measures
Audit and accounting Indirect tax Tax advisory
Unreported cryptocurrency: Is voluntary disclosure the right option?
As most cryptocurrency holders are now aware, Coinsquare Ltd. and the Minister of National Revenue have come to an agreement regarding the disclosure of Coinsquare customer account information to the Canada Revenue Agency (CRA).
Riccardo Zerbino Apr 6, 2021
A close-up of a blue gemstone.
Tax advisory
Lifetime benefit trusts
A lifetime benefit trust (LBT) is a personal, testamentary trust for beneficiaries that are financially dependent due to mental infirmity. 
Steven Frye Mar 25, 2021
Publications-All about estates
Tax advisory
Some Ins and Outs of RRSPs & RRIFs transfers on death
Generally, the RRSP or RRIF of a deceased can be transferred by specific bequest under the terms of the deceased's will to a qualifying survivor tax-free. 
Steven Frye Mar 24, 2021
Publications-All about estates
Solutions within reach
Wherever you need us.
Connect now