Category: Tax Legislation Updates

Budget 2019: Intensifying the fight against tax evasion and new risks for tax professionals

Published by Greg DelBigio, Q.C. & Jennifer Flood

In Budget 2019, the federal government continues to bolster its tools and resources to detect and prosecute tax evasion and money laundering. These proposals are relevant both to those who do not pay the amount of tax the law requires,…

Federal Government Tables Budget 2019: Investing in the Middle Class

Published by Tim Barrett

Minister of Finance, Bill Morneau, tabled the 2019 Budget today (“Budget Day”). This Thorsteinssons update summarizes some of the main tax takeaways.

The tax measures introduced in the Budget should not impact the vast majority of businesses. As a pre-election…

Finance Proposes Substantial Changes to Private Corporation Taxation

Published by Thorsteinssons LLP

On July 18, 2017, the Department of Finance released its consultation policy paper on the taxation of private corporations first announced in Budget 2017, along with proposed legislation on some of the topics addressed.

The Minister’s introductory letter acknowledges the…