News Room

Confirmed:  The CCR for Small Business is Tax Free

Ottawa has confirmed that the CCR for Small Business received by eligible Canadian-controlled private corporations (CCPCs) will be tax free for the 2019-20 to 2023-24 fuel charge years, as will the final payment for the 2024-2025 fuel charge year.  Draft legislation was released on June 30, 2025 with this announcement; and will be introduced for law making in Parliament this Fall.   Some of the more significant details are discussed below.

Evelyn Jacks: Who is Considered a Resident for Canadian Tax Filing Purposes?

Knowing your residency status and tax filing obligations can save you from expensive penalties.

Taxing Legal Services is Legal

Taxing legal services does not interfere with the Charter of Rights and Freedoms.

Gifts to Foreign Charities Allowed in 2013

The eligibility of gifts to foreign charities have expanded in 2013.

Protecting Clients from Fraudsters

Fraud in the marketplace in an unfortunate reality. Protect your clients' real weath by being diligent in mitigating negative factors.

Are RSP Contributions Always the Right Answer? It Depends…

RSP contributions are a great way to save for your retirement, but the trick is to use them correctly. Kevin Gebert, MFA designate and financial advisor, weighs in with his opinion.

Preserve Your Appeal Rights

You are in a relationship with the CRA, so you need to know some key parameters.
 
 
 
Knowledge Bureau Poll Question

Do you believe Canada’s tax system based, on self-assessment, has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?

  • Yes
    336 votes
    69.42%
  • No
    148 votes
    30.58%