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Time is running out to fill your prescription — for a prescribed rate loan, that is
Our new Tax Alert explains how a prescribed rate loan can reduce your tax bill through income-splitting with a lower-income family member, urging you to lock in the current lower rate before it increases.
Jun 3, 2022
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Private enterprise Public markets Indirect tax Tax advisory
Cryptocurrency mining and GST
If you're involved in cryptocurrency mining, it's crucial to understand the GST/HST implications. Our latest Indirect Tax Alert covers draft proposals affecting Bitcoin mining taxation.
May 4, 2022
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Business advisory services Audit and accounting Private enterprise Tax advisory
Tax changes to the Canadian digital economy
Recent changes in tax treatment now require non-resident and resident e-commerce suppliers, like Wayfair, to register for provincial and Canadian federal sales tax, which wasn’t required before.
Mar 18, 2022
Publication-Tax changes to the Canadian digital economy
Audit and accounting Private enterprise Grants and incentives Tax advisory
Updates to employer-provided benefits and work from home expenses relating to COVID-19
The Canada Revenue Agency’s (CRA) shutdown of its EFILE, ReFILE, and T1135 web services signals the onslaught of yet another tax-filing season, and the process has already begun. 
Feb 23, 2022
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Tax advisory
Immediate expensing: buyer beware
As part of the federal government’s economic recovery plan, Budget 2021 proposes new measures that provide Canadian-controlled private corporations (CCPCs) the ability to immediately expense certain capital purchases acquired on or after April 19, 2021.
Ruphina Kaulback Dec 16, 2021
Dark stormy waters with a big whitecap.
Business advisory services Audit and accounting Private enterprise Tax advisory
When should farmland be owned by a holding company?
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.
Thomas Blonde Nov 23, 2021
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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
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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
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
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