Enhanced First-Year CCA: Phase-Out After December 31, 2023
Over the past several years, several incentives permitting enhanced [...]
Enhanced GST Residential Rental Rebate: Increased Incentives
On September 14, 2023, the Department of Finance provided details [...]
CEBA Repayment Deadline Extended: Some Issues
On September 14, 2023, the Department of Finance provided details [...]
Gifts Directed to Other Donees: Loss of Charitable Status
In some situations, a registered charity may be asked to [...]
Paying Rent to Non-Residents: Withholdings Required
In a March 30, 2023 Tax Court of Canada case, [...]
Disability Tax Credit (DTC): Electronic Applications
The DTC is a non-refundable tax credit that provides tax [...]
Multigenerational Home Renovation Tax Credit: More Housing Support
The multigenerational home renovation tax credit is a refundable tax [...]
Cryptocurrency Exchange Cessation: Recordkeeping
A June 7, 2023 CryptoTaxLawyer.com article (Binance Bids Canada Bye-Bye! [...]
First Home Savings Account (FHSA): A New Investment Tool
The tax-free FHSA was introduced in 2023 to help first-time [...]
CPP Enhancements: Higher Contributions and Higher Benefits
In 2019, the government commenced a two-part enhancement to the [...]