Would more consideration for the dates that policy changes take place make compliance easier? Policy-makers have a habit of introducing policy changes in the middle of accounting periods. This creates problems in a company’s accounting and reporting processes, and increases the cost of compliance. These issues could be mitigated by Read more…
The CRA’s Self-Assessment and Learning Tool (SALT) provides claimants an estimate of the refund they are likely to receive under the SR&ED program. The CRA updated its Self-Assessment and Learning Tool (SALT) in August 2017 to factor in recent changes to the provincial tax credit rates made in Manitoba, Ontario, Read more…
Quebec now provides tax exemptions to businesses to discourage out-of-province buyers. The Liberal provincial government in Quebec recently announced new tax incentives to bring the province more in line with other provinces and to prevent executives and businesses from leaving the province. This move is seen as reactionary, after companies such Read more…