Tax

Key tax measures that took effect Jan. 1

Tax on share buybacks, new family biz transfer rules and employee ownership trusts became effective New Year's Day

By Rudy Mezzetta |January 2, 2024

3 min read

CRA has assessed $30M in underused housing tax to date

Fewer than 2% of UHT returns have involved tax owing

By Rudy Mezzetta |December 20, 2023

3 min read

IRS to waive penalties for people owing back taxes for 2020, 2021

The relief could be good news for U.S. persons in Canada

By Fatima Hussein, The Associated Press  and  Staff |December 20, 2023

2 min read

New trust reporting rules include in-trust accounts, jointly owned assets

Find out if your client is subject to the requirements

By Vivek Bansal |December 13, 2023

3 min read