Our tax professionals help clients meet regulatory obligations, reduce tax burdens, and navigate complex regulations around the world.
COVID-19 support and corporate taxable income
This article addresses the tax reporting for the main types of COVID support that were provided in 2020.
Proposed changes to the stock option benefit rules to take effect on July 1, 2021
An overview of proposed changes to stock option benefit rules and the potential impact.
Digital sales tax in Canada
If you’re a non-resident vendor or online platform operator, this is important Canadian tax information.
Tax Bulletin - Failure to Pay Instalments Can Be Costly
With the 2020 tax return season almost here, we want to remind you of the importance of paying personal income tax instalments.
Strategies for buying or selling a business in 2021
BDO & Gowling assemble a panel of Tax, M&A and Legal experts to bring you insights on buying and selling a business.
Automated solution for the work from home tax deduction
Many Canadians worked from home last year, potentially making them eligible to claim the work from home tax deduction for 2020. Employers will need to provide a completed and signed Form T2200S...
Tax Considerations in Buying or Selling a Business #WeWroteTheBookOnThat | BDO Canada
BDO Partner Adam Thompson and David Elrick co-authored and addresses this in Chapter 16, ‘Tax Considerations in Buying or Selling a Business’ of the Canadian Tax Foundation’s publication: Taxation of
Tackle your 2020 tax slips to avoid penalties
February is a great month to start getting organized in advance of the April 30 deadline for filing personal income tax returns with the Canada Revenue Agency (CRA).
Key changes coming in 2021 to Form T1134
The Canada Revenue Agency (CRA) has various tools available to collect information on Canadian resident taxpayers’ interests in offshore investments.
Distributions to Family Members #WeWroteTheBookOnThat | BDO Canada
BDO Partner Sheana Espiritu co-authored and addresses this in Chapter 8, ‘Distributions to Family Members’ of the Canadian Tax Foundation’s publication: Taxation of Private Corporations and their Shar
New Canadian GST/HST Rules for Digital Services and Products
Changes that may affect your 2020 personal income taxes
We have compiled a summary of the most significant federal tax changes that may affect your 2020 personal income tax return.
Writing the book on taxation of private corporations #WeWroteTheBookOnThat | BDO Canada
We’re getting ready for the launch of the new edition of The Taxation of Private Corporations and Their Shareholders, co-written by BDO and published by the Canadian Tax Foundation. Watch to learn mor
Claiming a home office expense deduction for 2020
The Canada Revenue Agency (CRA) provided details of a new additional method that eligible employees could use to claim work from home tax deductions for 2020.
New Book On Taxation Of Private Corporations
We're writing the go-to resource on taxation of private corporations. Find out more here.
Tax planning for professional corporations #WeWroteTheBookOnThat | BDO Canada
Professional corporations provide tax advantages for regulated professionals in Canada. Hear from BDO Partner Nick Kietaibl who co-authored Chapter 5, ‘The use of a professional and personal servi
Canada Emergency Wage Subsidy Details for the Program Now available to March 13, 2021
The Canada Emergency Wage Subsidy (CEWS) program was introduced in March 2020 for an initial period of twelve weeks. Introduced in March 2020, this high-profile program was first updated in July with
Tax Bulletin - Tax Consequences for Canadians Doing Business in the U.S.
Has your Canadian business expanded into the U.S.? Do you have dealings with U.S. customers? If so, have you considered the U.S. tax implications?
Tax considerations when deciding to use a holding corporation #WeWroteTheBookOnThat | BDO Canada
Many advantages and tax considerations should be assessed when considering the use of a holding company when incorporating a business. Hear from BDO Partner Danvir Roopra who co-authored Chapter 4,
New trust reporting requirements are coming
The main advantage of a trust is that it allows you to separate the control and management of assets in the trust from its ownership.