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.

Non-Residents Owning U.S. Real Estate

What exactly do Canadians need to know about owning U.S. real estate?

Charity Scheme Attract New Penalties

For the 2013 and future tax years, CRA will be allowed to collect up to 50% of the taxes they think are owing as a result of your participation in the scheme, even if you decide to file a Notice of Objection.

Practice Management Expert George Hartman Talks Succession Planning at DAC

George Hartman brings his expertise on advisor business succession planning and exit strategies to the 2014 Distinguished Advisor Conference as part of Business Valuation: Succession Plans vs. Exit Strategies.

This Summer Sharpen Your Financial How-To Knowledge

Grab a book or two (or more!) this summer and expand your financial acumen. We have some great recommendations that will be satisfying reads whether you're on a road trip, at the lake, or stay-cationing at home.

Advise Your Clients on Cross Border Tax Impacts

Expand your practice and career with cross border taxation planning knowledge and cater to an affluent, multi-jurisdictional baby boomer demographic. Make Cross Border Taxation part of your summer studies. Try a free trial!

Experience Education Differently at DAC!

DAC 2014 is shaping up to be the best one yet! Don’t miss the opportunity of an incomparable educational experience in the beautiful Texas Hills as you gain perspective and insight from outstanding thought leaders in the tax and wealth advisory industries.
 
 
 
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
    338 votes
    69.55%
  • No
    148 votes
    30.45%