Tax Tax

Canadian federal government releases significant draft tax legislation

Update: On January 31, 2025, the Canadian federal government announced that it was deferring the previously announced increase to the capital...

New Digital Services Tax Act raises trade retaliation risk for Canadian exporters

Canada’s Digital Services Tax Act imposes a 3% tax on digital services revenue, but could prompt retaliatory tariffs by the United States.

Canada’s digital services tax enters into force

The Digital Services Tax Act (DSTA) entered into force on June 28, 2024, pursuant to an Order in Council (OIC) of that date. The DSTA was enacted by...

Dow Chemical and Iris Technologies: Supreme Court rules on jurisdictional issues in tax matters

In this Update: On June 28, 2024, the Supreme Court released its decisions in Dow Chemical and Iris Technologies regarding the respective...

Major Canadian tax bills enacted into law

Two major Canadian tax bills were enacted into law before Parliament adjourned for the summer. The Fall Economic Statement Implementation Act, 2023...

Canadian capital gains tax increase to take effect June 25

Update: On January 31, 2025, the Canadian federal government announced that it was deferring the previously announced increase to the capital...

Even the dead wouldn’t be spared from Canada’s capital gains hike

Canada’s proposed increase to its capital gain inclusion rate is likely to impact a wide cross-section of taxpayers, not just the...

Canadian government moves ahead with Global Minimum Tax Act

Canada’s Pillar Two legislation, the Global Minimum Tax Act, is introduced in Parliament. In their Update, Patrick Marley, Oleg Chayka, Ilana...

Transfer Pricing 2024: Law and Practice

The federal government has plans to update the rules that govern transfer pricing — the pricing one branch or division or group of a company...