Tax Alerts cover tax news, and changes in legislation that affect Canadian businesses.
The ON FES 2026 estimates a $16.9 billion deficit for the 2026-27 fiscal year, a significant increase from the $13.8 billion deficit projected in the 2026 budget.
Effective Oct. 1, 2026, businesses providing or purchasing certain professional services in BC must manage 7% PST and new compliance rules.
Canada proposes implementing immediate expensing of investments in most types of capital assets for businesses in Canada.
On September 14, The CRA announced it will expedite advance income tax rulings for major Canadian investments, effective immediately.
Certain multinational enterprise groups may be subject to a minimum effective tax rate of 15% on income in every country they do business, under new GMT rules.
Business owners and investors can use tools like estate freezes to navigate market volatility, boosting security and certainty in uncertain economies.
Federal Budget 2025 introduced a new set of dividend suspension rules that restricts a corporation’s ability to recover refundable dividend tax on hand (RDTOH).
Property owners with vacant homes in Canada should be aware of the new underused housing tax (UHT), which came into effect on January 1, 2022.
