Aug. 10, 2020 - The federal government passed legislation on July 27, 2020, extending the Canada Emergency Wage Subsidy (CEWS) and significantly broadening its reach. In this guide, we provide a comprehensive review and analysis of the CEWS program, including details of the latest updates and key considerations...
Canadian Tax Highlights: Head of Revenu Québec Summoned
On September 17, 2015, the Québec ombudsman, Raymonde Saint-Germain, tabled in the National Assembly her 2014-15 annual report on Revenu Québec. This article outlines the problems identified in the ombudsman’s report and describes the press release that Québec’s finance minister, Carlos Leitão, issued in response, which demands that the public service’s president, Florent Gagné, promptly devise an action plan to address the issues.
Aug. 05, 2020 - The IRS recently released long-awaited final regulations (Final Regulations) on the limitation on the deductibility of interest expenses under section 163(j), along with new proposed regulations (New Proposed Regulations) that address a variety of highly technical issues that are not covered by...