Canada’s Tax Integration System
The integration regime is an important component of the Canadian tax system to ensure fairness and equity in the amount of taxes paid whether the income is earned through a…
Mandatory Disclosure Rules
Canada’s enhanced MDRs are a set of reporting requirements which received royal assent on June 22, 2023. The Income Tax Act previously contained rules requiring that certain transactions be reported…
Employee Ownership Trusts
Bill C-59, Fall Economic Statement Implementation Act, 2023 includes draft legislative proposals to introduce a new set of rules for Employee Ownership Trusts (EOTs) in Canada. If enacted, the EOT…