The recently released federal budget proposes to increase the capital gains inclusion rate to 66.67% from 50%. This change is scheduled to come into effect on June 25th, 2024. Although there are still lots of unanswered questions, there are already some...

For non-residents of Canada that have Canadian sourced income, it is important to understanding the potential withholding tax implications. As always, for a more detailed discussion, please reach out. Click Here

Looking to escape the long and cold winter, many Canadians are now called "snowbirds" - flocking to popular warm-climate destinations in the U.S. However, owners of these properties should be aware of the potential U.S. tax issues they may face. For more...