Donations of cryptocurrency: Tips and tricks for charities
Crypto is booming, and some charities have been quick to see its fundraising potential. Indeed, a 2021 study by Fidelity Charitable found that 45% of cryptocurrency investors donated $1,000 or more to charity in 2020, compared to 33% of the “general […]
Part XIII Tax – The importance of verifying your landlord’s tax residency
Do you know the tax residency of your landlord? If not, you might want to consider verifying this information as harsh results can arise for tenants paying rent to persons who are, unbeknownst to them, non-residents of Canada. In 3792391 […]
Règlements et jugements : est-ce que la TPS et la TVQ s’appliquent?
Plusieurs personnes croient que des sommes monétaires payées dans le cadre d’un règlement ou suite à un jugement ne sont pas assujetties à la TPS et à la TVQ. Cette présomption n’est toutefois pas exacte et une analyse plus détaillée […]
Employee ownership trusts in Canada: Plan carefully to avoid unintended tax consequences
In the United States and the United Kingdom, an employee ownership trust (“EOT”) is a common option for business owners seeking to transfer their business to employees or to establish an employee remuneration plan. In Canada, several different provisions of […]
