Canadian Tax: Recent Changes to the Employee Stock Options Rules
Overview Generally, pursuant to subsection 7(1) of the Income Tax Act (Canada) (the “Act”) where an employer has agreed to sell securities of its capital stock to an employee, the employee is deemed to have received a taxable benefit from...
Current Cases: The Propep Decision: The Associated Corporation Rules
In The Queen v. Propep Inc. (2009 FCA 274), the Federal Court of Appeal (“FCA”) was asked to determine whether Propep Inc. (“Propep”) was associated with two other corporations, and therefore required to share the small business deduction. The FCA...
2010-2011 Quebec Budget Highlights
Having faired relatively well in comparison to the other provinces in the latest recession, Québec is facing greater challenges on the long-term horizon. In fact, the gross provincial debt is expected to reach 53.2% of the gross domestic product, making...
2010-2011 Ontario Budget Highlights
The 2010 Ontario Budget was announced on March 25, 2010, and on May 18, 2010, Bill 16, Creating the Foundation for Jobs and Growth Act, 2010, the legislation enacting many of the changes announced in the Budget, received both its...
2010-2011 British Columbia Budget Highlights
On March 2, 2010, the B.C. Budget entitled “Building a Prosperous British Columbia” was tabled. The Budget is targeted at enhancing vital public services, refocusing government spending to eliminate the deficit, and providing a range of initiatives to stimulate economic...
2010-2011 Alberta Budget Highlights
In its 2010-11 Budget, introduced in the Legislature on February 9, 2010, the Alberta Conservative government has sought to strike a balance between deficit reduction, and continuation of program and planned capital spending. Reiterating its intention to return Alberta to...
( Available in French only )
Responsabilité professionnelle lorsqu’on planifie une transaction de vente d’entreprise
( Available in French only )
Distributions par des sociétés privées au taux du gain en capital
( Available in French only )
Le Québec et le Canada intensifient leur lutte contre les planifications fiscales agressives
( Available in French only )
