Any Ontario corporation that owns real property will need to comply with the record-keeping requirements under the Forfeited Corporate Property Act, 2015 (the “FCPA”)/OBCA....
On of February 27th, 2018, the Department of Finance released the 2018 Federal Budget which outlined that new trust reporting requirements would be set in place to assist the CRA in their collection of information and ensuring that trusts are paying their taxes appropriately.
With multiple changes happening and exceptions allotted for this new requirement, it can create confusion. Accountants that specialize in
No longer just defining lifestyle and business, digital technology has now also successfully invaded the economy. What was once originally intended for use in Internet-based services, Bitcoin and other digital currencies are now moving into mainstream markets, such as real estate. This follows after Bitcoin and other cryptocurrency investors recently enjoyed a spike in their value, and as such, gained prominence in the financial industry. Read More