Moore Stephens
Deferral of capital gains inclusion rate changes

Deferral of capital gains inclusion rate changes

The federal government has just announced important news regarding the taxation of investment profits (also known as capital gains): the new capital gains legislation announced in the fall of 2024 has been postponed until January 1ᵉʳ, 2026. The provincial government...
Let’s talk capital gains deductions

Let’s talk capital gains deductions

Entrepreneurs, you’ve worked hard to build your business. That’s why proper tax planning is essential. It could save you a lot of tax in the event of the sale of your business. One of the key elements in business is “planning”, and good tax...
Tax Implications of Teleworking Abroad

Tax Implications of Teleworking Abroad

The COVID-19 pandemic has turned our lives upside down and reshaped the world of work. Telecommuting has become an integral part of life for many Canadian employers and employees. Not only does it allow you to work from your home office, it also means you can work...
Tax Credit for Charitable Donations

Tax Credit for Charitable Donations

An article written by Anthony Cinq-Mars, Pl. Fin. When made by an individual, charitable donations may qualify for a non-refundable tax credit. In the case of a corporation, the tax advantage lies in a deduction in calculating the corporation’s taxable income....
Fall 2024 Economic Statement

Fall 2024 Economic Statement

Visit December 16, 2024, the the federal government tabled an update of Canada’s economic and fiscal situation. At the same time, the government has announced changes to certain tax measures. These changes will affect companies, organizations isations non-profit...