Apr 19, 2021
As you may know, we have supported a request to the CRA to extend the April 30 deadline to June 15. But if the deadline is NOT extended, here are some practical tips to reduce the burden of a COVID tax season.
Private equity firms, multinational corporations or simply investors looking for opportunities have an interest in Canadian investment. Common investment targets are Canadian resource companies or properties, real estate, and Canadian businesses in general. Existing businesses may look to expand into Canada, sometimes as a place from which to enter the U.S. market. This has become especially attractive recently with Canadian corporate tax rates 10% – 15% lower than U.S. rates.
We advise on the tax implications of the investment; how to structure it using a corporation, trust, or other entity; and whether and how to make use of Canada’s international tax treaty network. We also advise on transfer pricing.
In these types of assignments, we
In handling this kind of assignment, we are pleased to work with the client’s existing professionals or, where required, to call on our international contacts for assistance.