Shareholders can withdraw funds from their corporations by way of salary, dividends, returns of capi...
The Section 85 Rollover is a technique that allows taxpayers to defer all or part of their income wh...
Many business that operates as a sole proprietor/self employed sometimes find that they are making m...
Principal Residence When you dispose of a property that has been your principal residence for X amou...
The simple definition of a real estate assignment is that contractual rights to a piece of property ...
Withholding Tax – Non-Resident When we talk about withholding tax for non-tax residents of Canada,...
In order to qualify as a non-profit organization, the following must be met: Not a charity Organized...
The CRA provides rebates to taxpayers who build, purchase a new home, do substantial renovations, or...
Effective September 1, 2022, Canada has implemented a luxury tax on luxury cars, boats, and aircraft...
We know that Input Tax Credits (ITCs) are a sum of the GST/HST collected. It allows for the taxpayer...