The Canada Revenue Agency stated that a functional currency filer’s FX gain on refund are on account of capital.
Strong risk governance and internal control practices can be a key component in building trust between external stakeholders and NPOs.
Without careful tax planning, taxpayers may be caught off guard with a tax obligation that they do not have the resources to pay.
This edition discusses cyber security, credit scores, business identity theft, & tax ethics.
RSM Canada’s Curtis Dorfman contextualizes recent changes to IFRS 3 for real estate companies and investors specific to financial reporting.
Audit readiness shouldn’t be an afterthought of an acquisition. Being well prepared minimizes financial risks to your private equity firm.
Our authors summarize FCA’s decision on the calculation of safe income, specifically, the consideration of taxes accrued but not yet paid.
This edition of Tax, Tips & Traps discusses: Adoption Expenses, Motor Vehicle Expenses, Employment Expenses, Travel Expenses, CPP/EI Rulings, Tax on Split Income, Mobile Homes, RV Parks, ...
Board oversight into the financial results is an important element to ensure appropriate use of funds and prevention of fraud.
Our author discusses common mistakes that businesses make when succession planning and how a shift in approach is necessary for success.
Our authors highlight tax rules that businesses often overlook during cross-border debt financing via shareholder loans.
A recent case signals how opting to annul versus rectify an error may affect the outcome, cost and timeliness of the tax dispute process.