Resources & Articles

Domestic Tax


VOLUNTARY DISCLOSURE PROGRAM: Proposed TighteningOctober 10th, 2017

The Voluntary Disclosure Program (VDP) provides taxpayers (individuals, corporations, partnerships, trusts, etc.) the opportunity to fix incorrect or incomplete previously filed tax returns (or returns...
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Open Letter to the Department of FinanceSeptember 28th, 2017

On September 15, 2017, DJB submitted a letter to the Department of Finance Canada in response to the July 18, 2017 release on the proposals to changes...
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How Does GST/HST Apply When Purchasing a Business?September 26th, 2017

When you are purchasing a business in a share deal, the GST/HST implications can be fairly straight forward, in that the purchase of shares of...
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ELECTRONIC T4 SLIPS: Now More Widely AvailableSeptember 15th, 2017

Canada Revenue Agency has provided commentary on its website to discuss recent changes to allow the electronic distribution of T4 slips. In the past, an...
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RETIREMENT INCOME CALCULATOR: Ensure you are Financially ReadySeptember 8th, 2017

The Canadian Retirement Income Calculator provided by the Government of Canada estimates retirement income generated through a number of programs such as the Canada Pension...
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GST/HST Implications for Condo FlippingAugust 31st, 2017

Condo flipping is becoming more common with the recent housing market appreciation rates. Some purchasers of condos are looking to capitalize on these appreciating rates...
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Website History: Finding What You Thought Was Lost on the InternetAugust 17th, 2017

Webpages are constantly evolving. An individual may wish to see the history of a certain webpage for any number of reasons. Without a webpage or...
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Summary of the July 18, 2017 Tax Act Proposals for ProfessionalsAugust 15th, 2017

On July 18, 2017, Finance Minister Bill Morneau announced the release of a consultation paper and draft legislation to amend the Income Tax Act. The purpose...
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Structuring Options for Foreign Corporations Doing Business in CanadaAugust 3rd, 2017

If your company is looking to expand into Canada, there are options as to how you go about structuring your business.  The two most common...
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PERSONAL USE ASSET IN A CORPORATION: GST/ HST and Other Tax IssuesJuly 25th, 2017

A number of issues may arise if a shareholder uses a corporate asset personally without providing the corporation with fair market value (FMV) consideration. Barring...
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