Taxation

Business

A $50 million battle is brewing at Niagara Region: St. Catharines mayor wants taxpayer dollars to help developers

Taxpayers in the Niagara Region will be on the hook for $50 million for developer incentives if the mayor of St. Catharines convinces regional councillors
Business

Sunday News Roundup 24.09.22: NDP backs off carbon tax, free trade disaster, and more Canadian accounting news

Wrapping up the odds and ends from the past week in Canadian accounting news
Partner Posts

2024 Tax Planning: Opportunities & Strategies with the Tax Immersion Program

CPA Ontario's inaugural Tax Immersion Program equips Chartered Professional Accountants with the skills needed to thrive in the evolving tax landscape
Practice

Employees Beware: Upcoming legislation affecting capital gains will impact employee stock options

David J Rotfleisch explains how Department of Finance changes to legislation, which are expected to be retroactive to June 25, 2024 will affect stock options
Business

Matheson’s top staffer wants provincial review

Residents of a northern Ontario community petitioning the Ontario government in response to a 34 per cent tax hike following a municipal budget increase
Business

Jasper rebuilds may not be eligible for clean energy upgrade loans

Will Jasper, Alberta taxpayers, whose homes were destroyed by wildfires this year, be allowed to access a municipal clean energy tax program to rebuild?
Business

New ad campaign takes aim at B.C. LNG

A new ad campaign warns LNG expansion in British Columbia is a risk to Canadian taxpayers and counters claims from fossil fuel advocacy group Canada Action
Practice

Are poker winnings now taxable In Canada? A Canadian tax lawyer's analysis of four Tax Court Of Canada recent poker decisions

When a taxpayer relies on other means to sustain their lifestyle, poker-playing activities fail to comprise a source of income, explains David J Rotfleisch
Practice

PCAOB releases two new, divergent inspection reports for Canadian accounting firms

While Deloitte Canada continued its recent record of success, Kreston GTA respectfully disagrees with significant deficiencies cited by the US audit watchdog
Business

M.D. of Taber seeking action on unpaid oil and gas taxes

Oil and gas companies owe Alberta municipalities more than $200 million in unpaid property taxes; Taber is owed more than 10 per cent of its annual budget
Practice

How lower income individuals can receive valuable tax benefits by using CRA's new free SimpleFile program

The Canada Revenue Agency has invited more than 1.5 million lower- or fixed-income Canadians with simple tax situations to use the SimpleFile pilot program.
Business

New provincial committee to review government spending in every department, premier says

Critics say Premier Smith, whose popularity has plunged, is looking for ways to deliver on a signature campaign promise that was broken in the last budget