The evolution of data analytics in M&A due diligence
Unlock deeper insights in M&A with AI-driven data analytics, transforming traditional due diligence and enhancing strategic decisions.
Unlocking tax relief: Section 93.4 for Canadian businesses abroad
Explore how section 93.4 provides tax relief for Canadian businesses with foreign affiliates, aligning foreign earnings with domestic tax rates.
Canada’s job market continued to cool in August
The data in Canada’s labour survey for August paints a picture of a cooling job market as the economy added a mere 22,000 jobs and the unemployment rate rose to 6.6 per cent.
Bank of Canada cuts its policy rate to 4.25 per cent
Rates need to come down for businesses to start hiring again and to help those workers struggling to find employment.
With higher capital gains tax rate, Canada renews debate over growth
While raising the capital gains tax rate might help the government boost revenue, it could delay the economic recovery that Canada needs by temporarily discouraging investment.
Canada’s inflation fell to 2.5 per cent, solidifying case for rate cut
Inflation numbers have consistently come in below expectations this year and is firmly on track to reach 2 per cent next year.
Responding to the CrowdStrike outage
What can IT service leaders learn from the the July 2024 CrowdStrike outage? What should you consider to best prepare for the future? RSM risk professionals weigh in.
Digital transformation and Canada’s public sector
The digital infrastructure in Canada’s public sector needs a serious overhaul. Significant investments are needed to move toward paperless systems, online government services, cloud-based solutions and improved cybersecurity.
Bills C-59 and C-69: Top seven tax changes for the middle market
On June 20th, the Income Tax Act and the Underused Housing Tax Act were amended, and new tax legislation was introduced with varying effective dates.
New 2024 tax changes to intergenerational business transfers in Canada
The new intergenerational transfer rules included in Bill C-59, which received Royal Assent on June 20, 2024, provides an exception from the “surplus stripping” rules in Canada.
New legislation released increasing the capital gains inclusion rate in Canada
On June 10, 2024, a Notice of Ways and Means Motion was released to amend the Income Tax Act to increase in capital gains inclusion rate.
Balancing act: The crucial role of accurate and timely intercompany transactions
Intercompany transactions are common and complex, but successfully managing them is critical for the accuracy and integrity of financial statements.
Canada’s economic outlook more optimistic than before
The Real Economy, Canada shines a light on the economic impact of the pandemic so far, the near-future outlook, and recovery measures.
COVID-19 and employees’ home office expenses
In this article originally published by the Canadian Tax Foundation, Jiani Qian examines the tax rules surrounding home office expenses.