Tax
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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 2024 tax changes to intergenerational business transfers in Canada -
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.
: Bills C-59 and C-69: Top seven tax changes for the middle market -
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.
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Canadian tax filing and payment deadlines for middle-market taxpayers for 2024
RSM Canada has summarized the key tax filing and payment deadlines for middle-market taxpayers. Read the article to know more and simplify tax filing.
: Canadian tax filing and payment deadlines for middle-market taxpayers for 2024 -
Tax Anti-Avoidance rule changes on the horizon
After years of the GAAR provisions remaining unchanged, the government proposed substantial changes in the 2023 Budget and subsequent legislation.
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Canadian tax developments in 2023 you might have missed over the holidays
Important changes in Canadian tax legislation, CRA enforcement initiatives, and case law updates over the past few months.
: Canadian tax developments in 2023 you might have missed over the holidays -
Federal and provincial/territorial corporate income tax rates
Corporations residing in Canada are subject to corporate income tax on worldwide income. Review the 2022-2023 corporate income tax rates.
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Canadian tax integration of private company income
A central theme of Canadian income taxation is tax integration. These tables provide an illustration of how the income tax integration system works.
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Tax planning 2023 year-end considerations for businesses and individuals
This tax planning guide for 2023 and beyond reflects considerations that may create risk or opportunity for Canadian businesses and individuals.
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Do you have to pay tax on your residential property in Canada?
The federal government introduced the Underused Housing Tax (UHT) to deter non-resident investors from owning vacant or underused residential property.
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Enhanced GST Rental Rebate on new purpose-built rental housing
The Federal Government announced new measures related to the Goods and Services Tax (GST) Rental Rebate on new purpose-built rental housing.
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Navigating cross-border tax considerations in M&A transactions
Maximize deal economics, minimize tax burden. To learn more, watch the recorded webcast “Navigating cross-border tax considerations in M&A transactions.”
: Navigating cross-border tax considerations in M&A transactions
