Tax

How U.S. tax reform threatens Canadian corporates Fallback Image Decorative pattern

Tax News

How U.S. tax reform threatens Canadian corporates

The new year is expected to bring tax relief to American businesses. And that’s bad news for business north of the border. For tax rates, “the American system will go from being much more punitive to closer in line with Canada’s—likely a bit below for non-energy companies [and] higher for oil and gas producers,” says […]

By Staff |December 14, 2017

2 min read

Asking clients these 10 questions can help reduce tax Fallback Image Decorative pattern

Estate Planning

Asking clients these 10 questions can help reduce tax

Don't forget to discuss these year-end tax saving strategies with clients

By Staff |December 12, 2017

3 min read

CRA investigation leads to tax evasion sentence for B.C. developer Fallback Image Decorative pattern

Industry

CRA investigation leads to tax evasion sentence for B.C. developer

A B.C. resident pleaded guilty Friday to tax evasion under the Excise Tax Act after a CRA investigation found she had forged a Residential Tenancy Agreement (RTA). Harpreet Kaur Sidhu of Burnaby, B.C., was sentenced to 12 months probation and fined $42,950—the amount of GST/HST she tried to evade, CRA said in a release. Sidhu […]

By Staff |December 11, 2017

1 min read

CFIB pushes provincial ministers to seek income sprinkling delay Fallback Image Decorative pattern

Economic Indicators

CFIB pushes provincial ministers to seek income sprinkling delay

Canada’s small business lobby is calling on provincial finance ministers to push the feds to delay new income sprinkling rules set to go into effect Jan. 1. As provincial ministers gather in Ottawa to meet with federal Finance Minister Bill Morneau, the Canadian Federation of Independent Business (CFIB) wants them to pass on the call […]

By Staff |December 11, 2017

2 min read