A new era of international tax compliance has arrived for Canada's largest enterprise groups. On June 20, 2024, the Global Minimum Tax Act received Royal Assent, formally embedding the OECD/G20 Inclusive Framework’s Pillar Two regime into Canadian law. ...
Starting a business in Canada is an exciting milestone, but understanding and meeting Canadian tax requirements can be challenging for many new entrepreneurs. One of the first questions many Ontario business owners ask when setting up their operations...
At some point, all Canadian employers will have to create and issue a record of employment (ROE) for an employee. This could be because the employee resigns, is terminated, takes leave or experiences an interruption of earnings....
Tax season exposes gaps in your books quickly. If your numbers aren't organized, you end up scrambling for answers your accountant should have had weeks earlier....
Running a small business in Canada comes with no shortage of financial responsibilities, and staying on the right side of the Canada Revenue Agency is one of the most consequential....