Tax on underutilized housing – the deadline is approaching!
Are you a Canadian non-resident individual, a Canadian private corporation, a partnership, a non-profit organization or a trustee of a trust; and own one or more residential properties? You must file a return and may be required to pay the new tax on underutilized dwellings (TLSU). Many people think they don’t have to file a […]
Why and how to certify financial statements?
Companies may be required by law or industry regulations to provide financial statements certified by a chartered accountant. Here are some of the most common reasons why a company in Quebec may need to have its financial statements certified: Compliance with legal requirements: Companies with a legal obligation to produce audited financial statements, such as […]
The different versions of QuickBooks, how to choose?
In a generation in which companies must evolve at breakneck speed and competition is aggressive, business leaders must ask themselves how they can do more, better and for less! You need to maximize the quality and performance of your products and services, with the least amount of manpower possible, and as a manager, you’re no doubt increasingly faced with making important decisions to meet company objectives.
Increase in specific duty on new tires
The 2023-2024 Quebec budget, presented by the Quebec Minister of Finance on March 21, 2023, announced an increase in the specific duty on new tires, to support funding for the Quebec scrap tire management program administered by RECYC-QUÉBEC. Since the introduction of this program on October1, 1999, the specific duty on new tires had remained […]
Additional period – Tax on under-utilized dwellings
As of January1, 2022, a new law has been introduced by the federal government for all owners of residential property in Canada. The Underutilized Dwelling Tax Act (“Act”) is designed to slow the escalation of the real estate market in certain regions of Canada. Canadian private corporations, most trusts, partnerships and non-profit organizations are not […]
Additional period – Tax on under-utilized dwellings
As of January1, 2022, a new law has been introduced by the federal government for all owners of residential property in Canada. The Underutilized Dwelling Tax Act (“Act”) is designed to slow the escalation of the real estate market in certain regions of Canada. Canadian private corporations, most trusts, partnerships and non-profit organizations are not […]
New obligations (REQ)
New transparency obligations for companies registered with the REQ (Registre des entreprises du Québec) New obligations to improve corporate transparency will come into force on March 31, 2023. These new measures are designed to enhance the information available to the REQ in order to improve corporate transparency, strengthen public protection and also contribute to actions […]
Government agricultural assistance programs
This article is aimed at farm owners who want to keep abreast of government aid to help them finance and develop their farms. Grants and programs often change name, eligibility requirements or terms and conditions. Everything changes so quickly. To keep up to date on the elements that directly affect your farming operation and its […]
You could be targeted by the new Underutilized Dwelling Tax!
Find out who is affected by this new tax and the obligations it entails. In short, as of January1, 2022, a new law has been introduced by the federal government covering all owners of residential property in Canada. The Underutilized Dwelling Tax Act (“Act”) is designed to slow the escalation of the real estate market […]
M&A Club – The tax memo in a transaction
Our tax partner Rémi Imbeault will be speaking at the M&A Club Canada on January 24, 2023. The conference will focus on “The tax memo in a transaction”. The event is organized by Le Club M&A de la Rive-Nord at the Hilton Laval Hotel (2225 Autoroute des Laurentides Laval, QC H7S 1Z6). To register or […]