Acquiring Corporation - Due Diligence In connection with a potential acquisition transaction, the following materials or information relating to the target company and any subsidiaries (together, the "Company") are typically...
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Asset Acquisition- Due Diligence Business report with magnifying glass, smartphone, calculator and pen In connection with a potential acquisition transaction, the following materials or information relating to the asset are typically...
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Where to keep your records, for how long and how to request the permission to destroy them early Last blog listed all the financial records that are required to be...
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Canada Emergency Wage Subsidy (CEWS) audits The Canada Revenue Agency’s (CRA) audits seek to find and recover any amounts paid to CEWS recipients in excess of what they were entitled...
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New Filing Requirements for Trusts Many Canadian trusts will soon have to face new enhanced reporting requirements. The new trust reporting rules apply to tax years ending after December 30,...
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Residency Determination Due to COVID-19 application of some rules are suspended, some are modified, and some get temporary exceptions. Since governments are advising against travel, many people are not where...
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Employment Agreement - Restrictive Covenants Lately I had a lot of questions about what to do when it comes to restrictive covenants in the agreement signed with the employer. Questions...
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TAXPAYER BILL OF RIGHTS Office of the tax ombudsman publishes rights that you have when dealing with Canada Revenue Agency (C RA). The Taxpayers' Ombudsman is responsible for ensuring that...
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Tax on split income Any income from property received by a Specified Adult Individual (“SAI”) from a Related Business (“RB”) is a split income and is subject to tax on...
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