Taxes paid benefit all Canadians The quality of life that all Canadians enjoy is supported by the taxes all Canadians pay, which help to fund programs and services such as...
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There are, generally, three options for the sale of a business – corporate reorganization, share sale and assets sale. Assuming that your business grew from the nominal value to its...
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Foreign Asset Reporting in Canada: A Guide to CRA Compliance for Specified Foreign Property Over $100,000 by Alina V. Nikolaeva Canadians must provide informational returns to Canada Revenue Agency (“CRA”)...
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A remission order is an order made by the Federal government under the Financial Administration Act. The order reduces or cancels any tax (including any interest) or penalty that a...
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Filing an Objection with Revenue Canada Agency You can file an objection if you think the Canada Revenue Agency (CRA) misinterpreted the facts of your tax situation or applied the...
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What are records and who has to keep them? This note will list financial records that CRA requires to be kept and by whom. Next one will discuss where they...
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