Insights

After you have filed your return, the Canada Revenue Agency (CRA) will process it and send you a Notice of Assessment.

International business expansion is a complex process that must be done strategically in order to minimize risk, limit potential tax liabilities, and maximize profits.

Trusts are a useful tax and financial planning tool that can be established in a number of ways to benefit an individual’s specific circumstances.

Canadian residents who own real property in the United States or shares in U.S. companies are often unaware that they might be subject to U.S. estate taxes at the time of their death.

There are various reasons why the Canada Revenue Agency (CRA) might contact you in relation to your tax filings.

Do you spend a considerable amount of time in the U.S., perhaps, to escape our Canadian winters?

Manufacturing is one of the most vital sectors in Canada, providing 11% of output, $600B worth of GDP, and employing 1.7 million Canadians.

As discussed in our recent article titled "The Tax Rules are Changing for Principal Residences”, individuals who sell their principal residence on or after January 1, 2016 and wish to claim the principal residence exemption are now required to report basic information on Schedule 3, Capital Gains (or Losses), of their income tax and benefit return.

Technology is revolutionizing the retail landscape, changing the way customers interact with businesses, and forcing retailers to re-evaluate their processes and product pipelines in order to remain competitive.