Nouvelles

Le 1er juillet 2022, l’Agence du Revenu du Canada va doubler le « taux prescrit », qui passera d’un à deux pour cent, et ce pour la première fois depuis 2020. Par conséquent, il serait peut-être le moment de considérer si un prêt au taux prescrit est la stratégie appropriée à employer dans votre situation…

Recent Legislative Amendments and Proposals. Update on Voluntary Disclosures in Canada and the U.S. Recent Cases of Interest. Recent Administrative Developments. Evolving Area of Interest – Airbnb. Download the Presentation

On July 18, 2017, the Department of Finance proposed important changes that will affect tax planning opportunities available to taxpayers who organize their affairs using private corporations. This development follows on concerns raised in the March, 2017 federal budget that private corporations were being used by shareholders to avoid paying their fair share of tax.…

(Originally published at this link) Voluntary Disclosures On June 9, 2017, the Canada Revenue Agency (“CRA”) proposed significant changes to the federal voluntary disclosure program (“VDP”). The effect of the changes would be to reduce both the type of taxpayer eligible for the VDP and the extent of the relief offered. These proposed changes follow…

(Originally published at this link) Voluntary Disclosures The Canada Revenue Agency appears to have made a major change in the way it handles federal voluntary disclosure files. This could result in taxpayers being taxed on income earned in years prior to the ten year period for which most financial institutions are able to provide complete…