Tag Archives: CANADIAN ACCOUNTING & TAX BLOGS

The simple definition of a real estate assignment is that contractual rights to a piece of property ...

Withholding Tax – Non-Resident When we talk about withholding tax for non-tax residents of Canada,...

In order to qualify as a non-profit organization, the following must be met: Not a charity Organized...

The CRA provides rebates to taxpayers who build, purchase a new home, do substantial renovations, or...

Effective September 1, 2022, Canada has implemented a luxury tax on luxury cars, boats, and aircraft...

We know that Input Tax Credits (ITCs) are a sum of the GST/HST collected. It allows for the taxpayer...

Many businesses who use regular GST/HST reporting can opt to use the simplified method as long as th...

When a taxpayer is self-employed or has a corporation, they incur the additional expense of GST/HST,...

In December of 2022, the CRA’s auditors confirmed that they will be keeping a close eye on social ...

The director of a corporation can be held liable for any unpaid GST/HST and even payroll remittances...