CRA Charities Directorate Video: “Gifting and Receipting”

Learn about the types of donations for which registered charities and other qualified donees can issue a tax receipt, and the various rules on receipting.

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Changes to Principal Residence Exemption Announced Today

Minister of Finance, Bill Morneau, announced a major change to the rules regarding the Principal Residence Exemption.

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New Tax on Foreign Buyers of Vancouver of Real Estate

Foreign buyers of Metro Vancouver real estate will be taxed an additional 15 per cent, the government announced today in new legislation.

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Your Estate Plan and the New Tax Rules

Following amendments proposed to the Income Tax Act (Canada) to become effective on January 1st 2016, certain trusts will now be taxed at the top marginal tax rate rather than the lower graduated tax rates that some trusts…

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US Limited Liability Limited Partnerships (“LLLPs”)

This article addresses the question of characterization of US LLLP, by setting out the principles that it would rely on, to make that characterization.

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New Canada-New Zealand Double Tax Treaty – Good For Investors

The new double tax agreement between New Zealand and Canada is set to facilitate investment and trade between the two nations

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Buying a Business: Shares or Assets?

Whether you are buying out the competitor or buying your first business, you will want to ensure that the terms of the deal meet your needs and protect your interests. A fundamental concern is to first consider what…

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Canada – Spain Tax Treaty Amendments

The double-taxation agreement between Canada and Spain has been amended to reduce withholding tax rates on dividends and interest payments, and to include standard provisions for the exchange of tax information.

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FACTA and the Canadian Legislative Response

The Canadian Government, through the Minister of Finance, has tabled legislative proposals and explanatory notes relating to the Canada - United States enhanced tax information exchange agreement, which addresses the Canadian concerns arising from the Fair and Accurate…

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