Category: Provincial Tax

Federal Budget 2021 – New rules Mean More Information Being Disclosed and Potentially More Enforcement

Published by Thorsteinssons LLP

Authored by:  Greg DelBigio, Q.C. and Morgan Watchorn

In Budget 2021, the federal government proposes to provide the Canada Revenue Agency (the “CRA”) with $230 million over five years as part of an ongoing focus on enforcing civil liabilities…

Tax Highlights from the 2020 Fall Economic Statement – What Tax Practitioners and Businesspeople Need to Know

Published by Zheting Su & Chris Marta

On November 30, 2020, the federal government presented its Fall Economic Statement (“FES”). The FES contains numerous noteworthy tax measures, including both pandemic-related financial support as well as longer-term tax changes.

The following summarizes the notable income tax measures…