While Canada doesn’t have a dedicated estate tax, Canadians with U.S. assets still face exposure to U.S. estate tax. Understanding what constitutes a U.S. situs asset and how tax treaties and credits apply is crucial for protecting generational wealth. Read our comprehensive guide to learn actionable cross-border estate planning strategies to minimize your overall tax liability.
What is the most tax-efficient way to withdraw money from a corporation? It’s a straightforward question with a not-so-simple answer. From salary vs dividends to shareholder loans and capital dividend accounts, there are many ways to structure your withdrawals. Our latest article takes a look at some of the most commonly used methods and discusses the tax implications of each.
The 2026 tax environment presents new opportunities for Canadian businesses, with a definitive pivot toward productivity-led growth. Major changes include new immediate expensing rules, evolving clean‑tech incentives and significant enhancements to the SR&ED program. This overview breaks down the most important updates owners and finance leaders need to understand in 2026 and beyond.
Canada’s 2025 Federal Budget introduces some of the most significant business‑focused tax changes in over a decade, from a new 100% productivity super‑deduction to expanded clean‑energy credits, strengthened SR&ED support, and major updates to trust and corporate tax rules. This article breaks down what every business owner, CFO, and founder needs to know, what’s changing, and how these measures could reshape investment decisions in the years ahead.
With housing affordability coming under increasing pressure, more jurisdictions across Canada are implementing taxes to target underused housing. Alongside the federal Underused Housing Tax (UHT), we are seeing a growing patchwork of vacant home taxes as provincial and municipal tax bodies align their policies with federal objectives. For Canadian taxpayers, staying informed about these continually evolving changes remains crucial. In this guide, we outline Canada’s various vacant home taxes and their associated requirements, including current rates, filing obligations, deadlines, and penalties.
Is your business making the most of the Capital Cost Allowance? Integrating CCA into broader fiscal planning can significantly reduce taxable income and enhance cash flow, which is crucial for the growth and sustainability of any business. Decision-makers must have a detailed understanding of how the CCA system works, from the categorization of assets to the half-year rule. In our latest article, we provide a comprehensive overview of the CCA and discuss various strategies Canadian businesses can use to maximize its benefits.
