Coronavirus disease (COVID-19): Charities Directorate

The Canada Revenue Agency has issued a news release for charities. Here are the contents. Coronavirus disease (COVID-19): Charities Directorate “As part of government measures to manage the impact of the situation caused by the COVID-19 pandemic, the Charities Directorate is extending the filing deadline to December 31, 2020 for all organizations that were due […]
Important!

Did you know that as of June 13, 2019, federal corporations are required to create and update a register of individuals with significant control? It must be kept with the other registers and be available to shareholders, creditors, law enforcement agencies and Corporations Canada. Your financial institution may also request this information. The criteria for […]
Do I have to disclose a nominee agreement to the Agence du revenu du Québec?

The answer is yes! On May 17, 2019, the Ministère des Finances du Québec announced the introduction of a new measure for the disclosure of nominee contracts. Although certain measures already existed to disclose them, every party with a prête-nom contract will now be required to disclose it to theARQ using a prescribed form, which […]