Canadian Tax Planning and “Reportable Transactions”
The Government of Canada passed legislation requiring disclosure of reportable transactions to the Canada Revenue Agency (CRA). The legislation addresses concerns about how aggressive tax avoidance transactions affect the fairness of the income tax system – everyone must…
C3s coming at the end of July
The British Columbia Business Corporations Act has been amended to provide for Canadian Contribution Companies (“CCC’s”) or (“C3’s”) which will be able to be incorporated in British Columbia from July 29, 2013. C3s, which are based on a…