Testamentary Trusts and Income Splitting

Income Splitting through Testamentary Trusts Eliminated It is important to note that the current graduated…

Published: March 5, 2020

Last Updated: April 11, 2020

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Pension Plan

Social Security Totalization Agreement If a Canadian is transferring to a country with which Canada…

Published: March 5, 2020

Last Updated: April 16, 2020

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Immigrating to Canada and have accrued losses on investments?

If you’re immigrating to Canada it is often advantageous to sell investments with accrued losses…

Published: March 5, 2020

Last Updated: April 16, 2020

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Rent Related Expenses

Writing off rent related expenses for home based corporation For a home based corporation to…

Published: March 5, 2020

Last Updated: April 10, 2020

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Employee Deduction of Travel Expenses for Commuting

As a general rule, you may not deduct expenses from employment income except for certain…

Published: March 5, 2020

Last Updated: November 11, 2021

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Cross Border Transactions Transfer Pricing

Canadian businesses with cross border transactions must establish a detailed transfer pricing plan supported by…

Published: March 5, 2020

Last Updated: October 21, 2022

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Employer reimbursement of the cost of a PDA

Start-up losses The Canada Revenue Agency (the Canadian income tax department) issued a technical interpretation…

Published: March 5, 2020

Last Updated: March 17, 2020

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The merger of an existing operating corporation with a shell corporation

The merger of an existing operating corporation with a shell corporation is sometimes undertaken solely…

Published: March 5, 2020

Last Updated: March 17, 2020

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Self employed may be able to deduct moving expenses

If you are self employed and work out of your home and move to a…

Published: March 5, 2020

Last Updated: June 11, 2021

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