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.

Tax Tips 2017: Investment Income, Capital Gains and Losses 

From our annual Tax Tips guide, here are the tips and suggestions related to Investment Income, Capital Gains and Losses for the year 2017. Investment income 1. Tax rates ...

How Bitcoins Can Impact Your Income Taxes

Operating with no central authority or bank, Bitcoin is one of many digital currencies (also knowns as cryptocurrencies) rising in popularity, which makes the ...

GST/HST and Investment Limited Partnerships

              On September 8, 2017 the Minister of Finance introduced draft GST/HST legislation including the definition of Investment Limited Partnership (“ILP”). An ILP is defined as ...

Phasing out of the ITR restrictions

Under the existing QST legislation, businesses having taxable sales in excess of $10 million during their last fiscal year, including those of associated companies, ...