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One Big Beautiful Bill Act May Be Hiding a Tax Hit for Foreigners
The U.S. House of Representatives recently passed H.R. 1, the “One Big Beautiful Bill Act”. How the Proposed Changes Might Impact Canadians
Trowbridge
Jun 42 min read
41 views
Thinking of Flipping a Property in Canada? Here’s What You Need to Know About the Tax Rules
Thinking of flipping and selling a property within a year? The anti-flipping tax rules could quickly turn your profit into a tax liability. What was once a popular real estate strategy now comes with strict tax consequences. Without careful planning, you might end up handing over more to the CRA than expected.
Kashish Shah and Dimitrios Zaravinos
Jun 33 min read
10 views
U.S. Payment Modernization: Key Considerations for Non-Residents and Global Employers
Canadian Federal Budget 2024 proposed an increase to the capital gains inclusion rate for capital gains realized on or after June 25...
Trowbridge
Apr 32 min read
38 views
Tax Court Victory: Former Blue Jays All-Stars Russell Martin and Josh Donaldson Overturn CRA’s Multimillion-Dollar Tax Claim
Former Toronto Blue Jays all-stars Russell Martin and Josh Donaldson scored a significant victory vs the Canada Revenue Agency (CRA) as a...
Carm Palandra
Dec 18, 20241 min read
156 views
Thinking of selling your property that was partially used as an Airbnb? You may be in for a surprise.
Short-term rentals provide an opportunity to generate additional income; however, they may come with hidden tax implications.
Dimitrios Zaravinos
Dec 18, 20245 min read
120 views
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