How to prepare your year-end dossier
We are aware that the year-end process brings you additional tasks so that your professionals can carry out their mandate properly [1], in connection with your financial statements and the preparation of tax returns. Here are a few tips and tricks to help you avoid work overload during this period and limit the questions our […]
Capital gains: is action urgently needed?
Capital gain, a central concept in finance and taxation, represents much more than a simple financial measure. It embodies the fruits of investment, the risks taken and the rewards achieved in the complex world of financial markets. Understanding how it works is crucial to managing your financial assets. A reminder of the definition of capital […]
Summary of the 2024 federal budget
On April 16, 2024, Finance Minister Chrystia Freeland presented the 2024 federal budget to deliver “A Fair Chance for Every Generation”. Among other things, this budget aims to enable the construction of more housing, faster, help make life more affordable and grow the economy to help every generation prosper. The government is making tax changes […]
Effective tax changes for trusts
As Revenu Québec reminds us on its website, a trust is the result of an act by which a person transfers, from his or her patrimony to another patrimony that he or she constitutes, property that he or she assigns to a specific purpose and that a trustee undertakes to hold and administer. As a […]
Summary of the 2024-2025 Quebec budget
On March 12, 2024, Finance Minister Éric Girard tabled his budget plan for 2024-2025, which aims to prioritize health and education. Investments totalling $8.8 billion over the next 5 years have been announced. The most significant of these are aimed primarily at health and education, through funding for health and social services, education and higher […]
CUEC – Emergency loan repayment for Canadian companies
IMPORTANT REMINDER: Emergency loan repayment for Canadian businesses (CUEC loan) Companies with a Canadian government CUEC loan of $40,000 or $60,000 have until January 18, 2024 to repay an amount of $30,000 or $40,000 and benefit from a rebate (subsidy) of $10,000 for a $40,000 loan or $20,000 for a $60,000 loan granted by the […]
Tax information of interest (2023)
Our tax specialists would like to share with you a number of tax-related information of interest to you and your company. The purpose of this article is to help you optimize the close of your 2023 tax year and plan for the year ahead. Alternative minimum tax (IMR) The Alternative Minimum Tax (AMT) is a […]
GST rebate enhancement – Residential rental property
On September 14, 2023, the Department of Finance Canada announced a new measure to increase the supply of new housing on the rental market, in response to the current housing shortage. GST rebate enhancement The purpose of this legislative measure is to enhance the Goods and Services Tax (GST) rebate on residential rental property. It […]
The Canadian Digital Adoption Program (CDAP)
The Government of Canada, through Innovation, Science and Economic Development Canada, has set up the CANP to help entrepreneurs who want to grow their business by moving into the digital age. The program has two components: the Expand Your Business Online grant and the Enhance Your Company’s Technology grant. These grants range from $2,400 to […]
Enhanced tax credit for investment and innovation
Who can benefit from this tax credit? The Investment and Innovation Tax Credit, commonly known as C3i, was introduced when the Quebec government tabled its budget in March 2020. The aim of this measure is to increase investment in regions with weaker economic vitality as well as to stimulate business productivity. This credit applies to […]