Tax News

Gov’t needs to be clear about FATCA

The federal New Democrats are calling upon federal Finance Minister Jim Flaherty to open up on how the government plans on co-operating with the U.S. Foreign Account Tax Compliance Act.

By Staff |January 24, 2014

1 min read

New rules for U.S. taxpayers with mutual funds

If your U.S. taxpayer clients hold Canadian mutual funds outside registered accounts, listen up.

By Terry F. Ritchie and James Sheldon |January 22, 2014

3 min read

CRA launches plan to help small biz

CRA has announced a new plan to support small and medium-sized businesses to comply with tax rules.

By Staff |January 17, 2014

2 min read

GM says CRA isn’t playing fair

General Motors says a CRA decision to ignore longstanding advice the tax agency gave it about how managers should claim company cars isn’t fair, while CRA says the company should move with the times, the Globe and Mail reports.

By Staff |January 17, 2014

1 min read