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Credit Unions Corporate Taxes

Bennett Jones LLP

COVID-19 Tax Updates from the Alberta Government and the CRA

Bennett Jones LLP on

Since March 18, 2020, the following updates have been released by the Government of Alberta and the Canada Revenue Agency (CRA) regarding their respective economic relief plans to help mitigate the effects of the COVID-19...more

K&L Gates LLP

IRS Changes Position on Certain Income Earned by State-Chartered Credit Unions

K&L Gates LLP on

In a recent memorandum (found here), the IRS issued instructions to all exempt organization examiners on the applicability of unrelated business income tax (“UBIT”) to certain income earned by state-chartered credit unions...more

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