Resources

New semester, new notebooks-and for Canadian law students stepping into tax, few topics repay early study like dividend integration. For owner-managers (and the students who will soon advise them), understanding how Canada grosses up dividends and then credits back corporate tax is table stakes for smart remuneration and corporate housekeeping.

The COVID-19 relief benefits were intended to support workers during lockdowns that closed businesses. However, for many self-employed Canadians, this assistance has led to ongoing disputes with the Canada Revenue Agency (CRA). These audits often affect freelancers, gig-economy workers, and small-business owners, whose income can vary. The disputes frequently involve complex rules, such as whether to use net or gross self-employment income, or how to prove a 50 percent reduction in average weekly earnings.

Serving on a corporate board comes with significant responsibilities, but few carry the direct personal financial risk of director liability for unremitted taxes. 

For entrepreneurs who have built multiple businesses under one corporate umbrella, the butterfly reorganization offers a sophisticated solution for dividing assets among shareholders without triggering immediate tax consequences. This corporate restructuring technique, while complex in execution, provides significant value for business owners seeking to separate their various enterprises or prepare for succession planning.

An estate freeze allows business owners to lock in their company's current value while passing future growth to the next generation. This tax planning strategy helps entrepreneurs preserve wealth within their families while maintaining control of their businesses during their lifetime.

Clients frequently ask how a Power of Attorney for Personal Care (“POAPC”) works and why lawyers recommend it instead of (or in addition to) a “living will.” This article explains:

Tax season tempts Canadians with the promise of quick refunds, yet filing remains complex. DIY software like TurboTax markets simplicity and savings—but recent Ontario reassessments show the hidden costs, especially for families claiming provincial credits.

The COVID-19 pandemic prompted the Canadian government to introduce critical financial supports such as the Canada Emergency Response Benefit Act (CERB), Canada Recovery Benefits Act (CRB / CRCB) programs.

The Liberal Party of Canada’s campaign proposals to reform the Excise Tax Act (ETA) GST/HST framework introduce significant changes targeting real-estate transactions.

If a U.S. citizen decides to give up their citizenship and move to Canada, they need to be aware of significant tax consequences under U.S. law (IRC § 877A).

As a Canadian investing in U.S.-based ETFs and cryptocurrencies, it's crucial to understand the associated tax implications to ensure compliance and optimize your returns. When you receive dividends from U.S. ETFs, a 15% withholding tax is applied if you submit IRS Form W-8BEN

When you move out of Canada, you need to understand how your taxes will be affected.

National R&D Inc. v. The Queen, the Tax Court of Canada examined the eligibility of a software development project for a Project Tracking System (PTS) under the Scientific Research and Experimental Development (SR&ED) tax credit program.

If you’re a Canadian business owner looking to sell your company or plan your estate, using trusts and capital gains exemptions can be a valuable strategy.

Charitable donations are a powerful tool for corporations to not only contribute to societal well-being but also to optimize their tax liabilities.

Tax debt can feel overwhelming, but ignoring it won't make it go away.

The Federal government has proposed a temporary removal of the Goods and Services Tax/Harmonized Sales Tax (GST/HST) on certain qualifying goods at checkout, effective from December 14, 2024 to February 15, 2025.