Common Income Tax and GST/HST Elections and Timing Traps in Canada One of the most overlooked areas in Canadian tax practice is the role of elections. Clients often assume that tax results flow automatically from [...]
Tax Pitfalls in Buying and Selling a Business Buying or selling a business is often treated as a commercial transaction first and a tax transaction second. That is a mistake. In practice, many of the [...]
Capital Dividend Account Basics The Capital Dividend Account ("CDA") is part of the Income Tax Act's system of integration (see subsection 89(1) of the Act). Tax integration attempts to ensure that income is subject to [...]
Good Advice for Small Business During a Pandemic [This article was originally published by the Lawyers Daily in March 2020] The economic impact relating to the Covid-19 virus will be felt by every corner of [...]
