Global
Profession
Five ways Donald Trump’s election victory is good for Canadian accountants
From taxes and tariffs to deregulation, Donald Trump may scare Canadian economists, but accountants are sure to benefit from a second Trump term
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Thought Leaders
‘We remain concerned’: Senate inquiry into PwC tax scandal calls for reform, but overuse of consultants will likely continue
Despite scathing public inquiry reports about the PwC Australia tax consulting scandal, it would take decades to reduce government reliance on consultants
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Thought Leaders
Taxes aren’t just about money — they shape how we think about each other
Research shows taxpayers perceive paying income tax, but not regressive sales taxes, as contributing as a citizen for the purpose of the common good
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Thought Leaders
Why the world is turning away from the US dollar
Geopolitical divisions with the United States will continue to cause additional friction and the role of the US dollar is almost certain to become more limited
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Thought Leaders
Australia has one of the weakest tax systems for redistribution among industrial nations – Stage 3 tax cuts will make it worse
Where does Canada rank on the global scale of income redistribution through taxation? Jim Stanford’s article on the gini coefficient provides answers
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Thought Leaders
Is capitalism dead? Yanis Varoufakis thinks it is – and he knows who killed it
In light of the deal between Canada and Google, we present this thought leadership article on technofeudalism, an economics term coined by Yanis Varoufakis
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Thought Leaders
Wealthy but worried: why the UK’s top 10% are turning their backs on the rest of society
A thought leadership article on high income earners in the UK may hold some insights into Canadian attitudes towards inequality and taxation among the wealthy
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Thought Leaders
IRS is using $60B funding boost to ramp up use of technology to collect taxes — not just hiring more enforcement agents
After a decade of underfunding, the Internal Revenue Agency is receiving a cash injection, similar to the reinvestment in the CRA by the Trudeau government
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Profession
CIMA and CPA Canada sign Memorandum of Understanding
MOU will mean a wider range of employment opportunities for CPAs and will allow Canadian businesses access to a deeper pool of management accounting talent
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Thought Leaders
Challenges to free trade reveal a big change in conservative ideology
A shift in conservative ideology towards protectionism, not free trade, is not new in Canada and could have profound effects for business leaders such as CPAs
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Transfer Pricing
Royal Bank Of Canada: A common sense approach to tax treaty interpretation
Michael Hunt and Steven Wenham of Herbert Smith Freehills LLP explain a transfer pricing ruling in the UK Supreme Court in favour of RBC and an oil exploration loan
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Practice
How to legitimately defer the worst of Canada's departure tax when becoming a non-resident and moving to another country
The departure tax can create a substantial and unforeseen tax bill for the unaware emigrating taxpayer explains tax lawyer and accountant David J. Rotfleisch
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Thought Leaders
Taxing the wealthy to the hilt would make us all much better off
Western University professor Tom Malleson presents five reasons for levying high taxes on the very rich, from the environment to (reduced) social friction
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Profession
Sunday News Roundup 22.09.11: EY announces split and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
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Thought Leaders
The United States has rejected the OECD minimum tax. Canada should as well – Part II
Allan Lanthier: The OECD rules were developed by committee after committee and compromise after compromise, and it shows
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Thought Leaders
The United States has rejected the OECD minimum tax. Canada should as well – Part I
Allan Lanthier: We should not hamstring our job creators at the precise time when our giant competitor to the south has rejected the tax
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Profession
We called it: Former CPA Canada head appointed ISSB regional director
Charles-Antoine St-Jean appointed Regional Director—Americas of the International Sustainability Standards Board — an appointment we predicted
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Taxation
Canada confirms intention to institute new interest and deductibility rules
Marc Pietro Allard and Marc André Gaudreau Duval of Davies on the implications of new excessive interest and financing expenses limitation rules
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Thought Leaders
Most companies buying renewable energy certificates aren’t actually reducing emissions
Accounting sustainability standards must change say academics
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Taxation
Canada among low corporate tax jurisdictions as global average falls
New trend of rising rates has already begun, says international accounting network
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Thought Leaders
The OECD corporate minimum tax: a disaster in the making
Allan Lanthier says it's time for accounting firms, bodies and industry groups to challenge the flaws in the OECD global corporate minimum tax plan
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Thought Leaders
10 things everyone should know about taxation
Why Québec Premier François Legault’s ethically and legally questionable tax on the unvaxxed was not a tax but a levy
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Profession
Happy New Year from Canadian Accountant
We wish you safety, success and happiness in 2024! We return on Tuesday with more great stories from the Canadian accounting profession!
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Profession
Canadian accountants thrilled with awarding of new ISSB disclosure standards hub
Montreal one of three global hubs for new accounting body based in Frankfurt
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Thought Leaders
The Pandora Papers: How punishing tax cheats can serve as a deterrent
Punishing tax evasion enablers could also compel taxpayers to comply with tax laws, says Professor Tisha King, CPA, CGA
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