In 2009, the Canada Revenue Agency (CRA) created a new program that allowed Canadian residents to shelter $6,000 a year in investments in a tax-free savings account. Although the TFSA contribution limit has changed over the years (in 2023, it’s $6,500), the contribution room accumulates...
Canada Revenue Agency / CRA Offers an accelerated leadership development program to provide students with broad exposure to the company through rotations across different lines of business Head office:Ottawa, ON Industry:Federal government, general economic programs Full-time Employees:56,709 Read Review...
The Canada Revenue Agency provides detailedguidanceon how to determine the location of the customer, taking into account various indicators. There are also special rules for distribution platform operators and digital accommodation platforms. The definition of “distribution platform operator...
Professional accounting & tax solutions for businesses and individuals. Expert guidance for tax compliance and savings.
Professional accounting & tax solutions for businesses and individuals. Expert guidance for tax compliance and savings.
With the important caveat that we cannot provide tax advice, it should be said that residents of Canada must report all income to the Canadian Government – including all capital gains (or losses) over $200 that come from trading forex. According to the Canada Revenue Agency (CRA),“Foreign...
Check out the Canada Revenue Agency (CRA) guidelines tomake sure your home-based business qualifies.. If your business does qualify under these rules, you might be pleasantly surprised to learn about all of the expenses you could claim on your income tax return. Ka-ching. ...
Report payroll information to the Canada Revenue Agency Never worry about calculating how much you should remit to the CRA. Simply run your remission report to get the numbers. When it comes to tax filing season, easily generate your T4s or RL-12s to give to your employees. You can upload...
https://www.canada.ca/en/revenue-agency/services/tax/technical-information/income-tax/income-tax-folios-index/series-3-property-investments-savings-plans/series-3-property-investments-savings-plans-folio-9-miscellaneous-payments-receipts/income-tax-folio-s3-f9-c1-lottery-winnings-miscellaneous-receipts-...
Any other trust, including one using an estate freeze, is a living, orinter-vivos, trust, established while its architect is still alive. A living trust can be established for a variety of purposes—the Canada Revenue Agency (CRA) has identified 31 different types of living trusts—for a ...