Neglecting reform means letting inequalities deepen and delaying updates to a system designed for a different economic, ...

One of the most strategically valuable (yet less publicly discussed) motivations of philanthropy is tax management, ...

A Retirement Compensation Arrangement is defined under subsection 248 (1) of the Income Tax Act as a plan or arrangement under which an employer or former employer makes contributions to a custodian ...

The most commonly cited reasons why Canadian founders should incorporate U.S. companies include the following.

Gary Marshall is partner, emerging and high growth companies, at Osler, Hoskin & Harcourt LLP in Toronto. The choice of ...

Allan Lanthier, a retired partner of an international accounting firm, has been an adviser to both the Department of Finance and the Canada Revenue Agency. IN THE best of circumstances, the rules ...

OTTAWA, October 13, 2023 – With little information or member consultation in the CPA standoff between the national and two provincial accounting bodies, chartered professional accountants are ...

An ITF account is primarily set up for income splitting and Canadian tax planning purposes. It is therefore necessary for the trustee of an ITF account to keep in mind the tax consequences following ...

The tax court made an objective assessment of all the evidence presented by the taxpayer and found that the taxpayer had no intent to make profits from the trading activities. As a result, the court ...