Tax Legislation
Keeping you up to date on matters of note, industry events, news and company updates.

Changes in Canadian Standards for Review Engagements (“CSRE”)

March 13th, 2018

By Jeff Brocklebank. The Chartered Professional Accountants of Canada (CPA Canada) continuously reviews the methodology for audits and review engagements. This is done to ensure that the standards being enforced reflect the current business, financial and regulatory…

What We Like—and Don’t Like—About Ottawa’s Latest Tax Moves

October 20th, 2017

Letter to Liberal Government

By Ron Walsh and Kevin Walsh. For private corporations across the country, the past week was a suspenseful one as the federal government rolled out a series of announcements about its proposed tax changes. In case…

Open letter to the Liberal Government: Protect Private Enterprise

September 22nd, 2017

Letter to Liberal Government

This week Ron Walsh corresponded to the Liberal caucus to express his concerns over the July 18, 2017 private corporation tax proposals.  Ron encourages everyone to continue to send letters to Members of Parliament, The Prime…

Dramatic Changes to Private Company Taxation in Canada

July 19th, 2017

By Ron Walsh. The federal government has announced major changes to the taxation of private corporations and their shareholders. Draft legislation has been published pertaining to significant restrictions on payments of salaries, dividends or other income…

Federal Budget Commentary 2017: Business and Individual Taxation

March 23rd, 2017

By Ron Walsh. Yesterday afternoon Bill Morneau, the Minister of Finance, presented the 2017-18 budget to the House of Commons.  Many policy experts suggested that the Canadian government should refrain from any significant changes to the…