An ABIL is a capital loss with one special tax treatment. It is 50% of business investment loss. An ...
Tag Archives: All
If you own residential property, you should be aware of the newly proposed Underused Housing Tax (�...
Current GST/HST procedures are difficult to understand and impose significant reporting and remittan...
In Canada, taxpayers have legal rights listed in the Canadian Revenue Agency Taxpayer Bill of Rights...
Most entrepreneurs don't have an in-depth understanding of tax laws when setting up a business. So, ...
The Canada Revenue Agency, or CRA, is clamping down on real estate transactions more than it used to...
There are 5 basic foreign-reporting rules in Canada's Income Tax Act, to report specific transaction...
A cryptocurrency asset is intangible and digital and exists through a blockchain or other decentrali...
Bitcoin, Ethereum, Polygon, Avalanche, and Fantom are just some of the cryptocurrencies used for inv...
If a receipt constitutes income, it's taxable. However, according to Canadian law, there isn't an un...