Tax News for the Peace Region

On October 3, 2016, the Government of Canada announced an administrative change to the reporting requirements on the sale of a principal residence. When you

The Income Tax Act indicates that if a corporate’s tax return is filed 3 years after the return was to be filed, no dividend refund

Ms. Bessette is a member of the Order of Dentists and carries on business under a name since 1992, Dental Centre Nathalie Bessette. In 2002 she

(The document below has been translated from French to English). Date: December 18, 2013 2013 – 0511101E5 interest Substantial – Part VI.1 Please note that

Michel Mathieu (Appellant) v. Her Majesty the Queen (Respondent) Court: Tax Court of Canada Date: June 27, 2014 Neutral Citation: 2014 CCI 207 Court File

The following is a ruling from the Canada Revenue Agency. PRINCIPAL ISSUES:   An executor who does not act in the course of a business may

Income Tax Act: 110.1 (6) (This is a translation from the French document) Please note that the following document, although believed to be correct at

In many industries, it is common practice for a company to hire independent contractors who have incorporated, to perform work related duties. This is especially

Subsection 74.5(11) of the Income Tax Act (the “Act”) is an anti-avoidance provision that prevents the attribution rules in sections 74.1 to 74.4 of the

The Federal Government released their draft legislative on the measures to address income sprinkling on December 13, 2017. The new draft legislative proposals will extend