Estate freeze: A tax planning tool for business owners
Tax alertBusiness owners and investors can use tools like estate freezes to navigate market volatility, boosting security and certainty in uncertain economies.
Tax Alerts cover tax news and changes in legislation that affect Canadian businesses.
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Underused Housing Tax: Impacts to Canadians and Non-Residents
Tax AlertProperty owners with vacant homes in Canada should be aware of the new underused housing tax (UHT), which came into effect on January 1, 2022.
T3 Schedule 15: Does your trust have additional reporting requirements?
Tax alertIn its last update on August 12, 2024, the Department of Finance (Finance) released draft legislation that proposes changes to these rules, which were originally enacted on December 15, 2022. It’s critical that you determine your trust’s reporting requirements each tax year as the non-compliance penalties are significant.
Alternative minimum tax: Will you or your trust be affected by changes?
Tax alertFurther proposed amendments to the AMT rules released by Finance on August 12 may impact certain taxpayers. It's important to determine if you're affected and talk to your advisor about potential next steps.
Could your corporation be affected by the new dividend suspension rules?
Tax alertFederal Budget 2025 introduced a new set of dividend suspension rules that restricts a corporation’s ability to recover refundable dividend tax on hand (RDTOH).
Ontario Fall Economic Statement 2025
Budget 2026The ON FES 2025 estimates a $13.5 billion deficit for the 2025-26 fiscal year, an improvement from the $14.6 billion deficit projected in the 2025 budget.
Pillar Two: Canada’s Global Minimum Tax Act explained
Tax AlertCertain multinational enterprise groups may be subject to a minimum effective tax rate of 15% on income in every country they do business, under new GMT rules.
The “One, Big, Beautiful Bill” has passed: How does it impact US taxpayers?
Tax alertOn July 4, 2025, U.S. President Donald Trump signed the “One, Big, Beautiful Bill” into law, enacting the largest tax cuts in American history.
