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 ...

A residential real estate project in mind? Be aware of ...

GST/QST poses many challenges to businesses and individuals interested to invest in real estate. These challenges can be especially costly in the residential sector. ...

Changes to Reporting Requirements of Foreign-Owned US Disregarded Entities

On December 13, 2016, the United States Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued final regulations that created new reporting requirements ...