2011 Federal Budget Highlights
While it is not clear that the Finance Minister Jim Flaherty’s party will last beyond this week, owing to the potential non-confidence vote on ethics charges, the federal budget forecasted a deficit o...[Read More]

Personal Tax
Canadian Tax Returns for Individuals Resident in Canada We will prepare your T1 Personal Income Tax Return and applicable schedules. Income Tax Appeals - Personal and Corporate We will research a...[Read More]

What is a Tax Haven?
Generally, a tax haven is a jurisdiction that imposes little or no tax and has attributes that make it reasonably attractive as a place to carry on business. The following are some...[Read More]

Use of Tax Haven Companies
A corporation resident in a tax haven jurisdiction can be used for a variety of purposes that include: Manufacturing goods for export; Marketing goods for sale in othe...[Read More]

Our Favourite Tax Havens
Bahamas Belize Bermuda British Virgin Islands Cayman Islands Cyprus Mauritius Turks and Caicos Islands

New Foreign Reporting Requirements
The 1995 Federal Budget proposed the introduction of new foreign reporting requirements for individuals, corporations, trusts and partnerships for taxation years beginning after 19...[Read More]

Transfer of Pensions Across the Border
We have been driven to research a particular issue that relates to persons who have monies on account in an U.S. Individual Retirement Account (IRA) and who desire to have such fun...[Read More]

Estate Freezing
The primary purpose of an estate freeze is to freeze all or part of the value of appreciating assets at their current value, in such a way that the future growth on these particula...[Read More]

Deductability of Interest
The general test to determine if interest is deductible, rests on whether the interest paid on a loan is incurred by producing income from a property or a business. Therefore, if a...[Read More]

Registered Educational Savings Plan (RESP)
RESP's, allow individuals to contribute up to $4,000 per year to fund the post secondary education of a qualified beneficiary. The lifetime contribution limit in respect of a benef...[Read More]