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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ADDITIONAL PROPERTY TRANSFER TAX FOR FOREIGN ENTITIES AND TAXABLE TRUSTEES by Alina K. Nikolaeva In addition to the property transfer tax, if you're a: foreign national - A person...
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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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Incentive Investment Capital programs in British Columbia PART III (see part I and PART II for applicable definitions) by Alina V. Nikolaeva Employee Share Ownership Programs Employee Share Ownership Program (“ESOP”)...
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PART II (see part I for applicable definitions) by Alina V. Nikolaeva Venture Capital Programs These programs encourage investors to make equity capital investments in BC small businesses that will...
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INCENTIVE INVESTMENT CAPITAL PROGRAMS IN BRITISH COLUMBIA PART I This is the first installment of the paper. It contains short description of each program and appendix with definitions that will...
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by Alina V. Nikolaeva There are different tax-planning concerns stemming from employer-employee and payer-independent contractor relationships. Employer/payer is the payer and employee and independent contractor is the worker. Each has...
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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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The Canada Revenue Agency (the “CRA”) has the power to waive penalties and interest. Subsection 220(3.1) of the Income Tax Act and section 281.1 of the Excise Tax Act grant...
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