Budget 2022 Introduces: new "Super Flow-Through" Critical Mineral Exploration Tax Credit; funds to Support Critical Infrastructure; and further Support for Indigenous Partnerships....more
November 20, 2020 Updates: Bill C-9, An Act to Amend the Income Tax Act (Canada Emergency Rent Subsidy and Canada Emergency Wage Subsidy) was given royal assent and comes into full effect on November 20, 2020. As per the...more
After almost a month of eager anticipation, the federal government has released draft legislation to institute the new Canada Emergency Rent Subsidy (CERS), replacing the now-expired Canada Emergency Commercial Rent...more
It has now been two years since the new Voluntary Disclosures Program (VDP) rules came into effect, which restricted the relief that taxpayers had previously enjoyed. We recently submitted a request to the Canada Revenue...more
The Canada Revenue Agency's (CRA) Offshore Tax Informant Program (OTIP) is a whistleblower program that rewards eligible individuals who come forward to provide CRA with information regarding the international non-compliance...more
On December 13, 2018, legislation was passed implementing amendments to the Excise Tax Act (Canada) (the “ETA”) first announced in September 2017 affecting GST/HST on management and administrative services provided to private...more
Earlier this month, we reported that a senior representative of the Canada Revenue Agency (CRA) had announced that it was "highly likely" that the incoming changes to the Voluntary Disclosures Program (VDP) would be delayed...more
New Developments in Voluntary Disclosures -
In June 2017, the Canada Revenue Agency (CRA) announced far-reaching changes to the Voluntary Disclosures Program (VDP) for income tax matters that proposed to limit the relief...more