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.

Capital Gains Chaos: Extensions & Unprecedented Delays to Tax Season 2025

Stop! Don’t file a T1 or T3 tax return yet, says a March 11, 2025, news release from the CRA, if you have been impacted by the chaos of the proposed capital gains inclusion rate increase.

Transparency, Taxes and the Big Distraction

If Canada’s most famous WWII spy were around today, he might well have been speaking about the federal government's Fall Economic Statement (FES).

T3 Filings: What is a Listed Trust?  

A listed trust is one that is generally exempt from filing a T3 return unless, it owes money to CRA.

Prepare to Deliver Collective Re-Assurance During Uncertain Times

Learn the skills to develop strategies for accumulation, growth, preservation and transition of sustainable wealth.

DMA-Business Transition Services Specialist Designation

The demand for skilled talent is high among Canadian finance leaders, with a limited supply of skilled talent.

Grads and Designates:  Official Transcript Study Term January 1 – March 31

VIP Transcripts coming April 3! Check out your official transcripts in the Graduate Lounge.  
 
 
 
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%