Canadian Tax laws are implemented by both federal as well as provincial governments.According to the 1930 ruling of the Canadian Supreme Court:it is imposed by the tax rules of the countryit is...
Corporate tax in Canada forms a very small part of the total revenue generated by all kinds of taxes in the country. All the corporate houses in Canada are taxed on the gains from different commercial...
A good deal of tax saving is possible through proper tax planning in different types of investments. If a person wants capital gains on the transfer of any capital asset, whether a movable or an...
For a layman, the simplest meaning of non-resident taxation in Canada is the tax levied on the residents when they are present outside the country during the taxation time of the year. Now, this isn’t...
Hiring a tax accountant can benefit all types of taxpayers. Before you start your search, you might be wondering about all kinds of tax pros out there or who can do your taxes. There are two types of...
Canadian Income Tax is a joint responsibility of the Federal as well as the Provincial or Territorial Governments. Under the Constitution Act of 1867 taxation is undertaken by the Canadian government...
If a Canadian Citizen wants to save tax, then offshore tax planning is the best option where he can save his tax by making the investment in offshore which will lead to saving of money and increasing...
Taxation on real estate also known as property tax is imposed on the owner of the property.The Canadian citizens have to pay the tax on, both domestic and overseas assets. However, the non-resident...
Every one should pay the tax for their business and personal property. Sometime the individuals avoid the tax issues which are great mistakes done by them. The situation arises only due to the lack of...
Taking care of all the needs of the core of your business is tough! The last thing you want to do is pour over your financials, read the IRS website for tax law changes, and sort receipts a couple...
Tax should be paid by everyone on time to avoid the penalty from the State. Preparing the statement to be shown to the Internal revenue service is a daunting task for the companies involving in large...
Companies face lots of difficulties during the process of the taxable income in the United States of America. There are long processes of calculation and filling of lengthy before bring out the final...
Canadian Income tax is levied on the worldwide income of Canadian residents. However, there are certain types of income that is earned from Canadian sources that are taxable for non- residents. The...
In these times of economical downpour and recession, many people find themselves immigrating to other countries in search of greener pastures. Most of these people, immigrate to developed countries...
Money makes the world go round, you may have heard of this proverb many times. The fact is that not only citizens, but also a country needs money, to facilitate the process of development in the...