Restricting Multiple Small Business Deductions

The Small Business Deduction (“SBD”) is a mainstay in the Canadian taxation of small-to-medium sized Canadian-controlled private corporations’ (“CCPC”) business profits. The ...

Crowe MacKay Welcomes New CEO

Crowe MacKay is pleased to announce the appointment of J.W. Bruce Picton, CPA, CA, ICD.D  as its new CEO, effective immediately.

Killing the Entrepreneurial Spirit? Aaron Schechter weighs in.

Last month, the federal government released a discussion paper containing draft legislation and proposed measures that will significantly curtail common-place tax planning for many ...

Proposed Changes to Tax Planning Using Private Corporations

Yesterday, the Department of Finance released their much anticipated consultation paper Tax Planning Using Private Corporations. Because the Liberals referenced this consultation paper in ...

The Disability Tax Credit: Who can claim it? How to ...

The disability tax credit (DTC) is a federal non-refundable tax credit that provides tax relief for individuals who have a severe and prolonged impairment ...

Management Fees Between Related Corporations - Quebec

                On January 25, 2017, Revenu Québec posted the following announcement on their website: Management fees billed between related corporations qualify as operating expenses if the ...