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Tax Law Tips & Guidance

Stay updated with the latest news, tips, and guidance on tax law from our editorial team.

Degree Granting Institutions and Charging GST/HST

Taxes can be confusing in Canada, especially with certain types of taxes applying to transactions in some situations and not applying in others. Consumers and businesses alike are affected by the tax regime in Canada. Universities must be aware of their own special tax treatment, such as the fact that

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Can You Outsource Canadian Sales Tax Compliance?

Many organizations are concerned about complying with relevant tax laws. One such concern is complying with Canada’s wide array of sales taxes. Some choose to outsource such compliance matters to a third party. If you are considering outsourcing Canada sales tax, consider contacting an experienced tax lawyer at Jeremy Scott

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GST/HST On Real Estate In Canada

When purchasing real property in Canada, it is important to be aware of how taxes may apply to the purchase price. Various taxes are involved in these purchases, including Goods and Services Tax (GST) or Harmonized Sales Tax (HST) in certain provinces. GST/HST taxes are also relevant to several other

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The New Luxury Sales Tax In Canada

The new luxury sales tax in Canada was approved by the country’s Parliament in August of 2022. This new law is set to go into effect on September 1, 2022 and will require customers to pay an additional tax when purchasing luxury cars, aircraft, and boats. Businesses that purchase, import,

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Precious Metals and GST/HST

Canada’s rules regarding Goods and Services Tax (GST) and Harmonized Sales Tax (HST) are confusing for many businesses, partially because there are many gray areas when tax may or may not need to be imposed. One such area of legal contention is regarding precious metals and GST/HST. GST or HST

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The Intersection Between Canadian Taxes And Money Laundering

In Canada, financial crimes such as tax evasion and money laundering are taken extremely seriously by the criminal justice system and the Canada Revenue Agency (CRA). Citizens and residents should be aware of the relationship between Canadian taxes and money laundering. When preparing taxes, steps should be taken to make

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Canadian Employee or Independent Contractor?

Businesses in Canada primarily hire workers under one of two designations: employees or independent contractors. There are several key differences between these two designations, for both employers and the people they hire. The Canada Revenue Agency (CRA) has criteria that must be met to classify someone as an independent contractor.

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NFTs And Canadian Taxes

Non-fungible tokens (NFTs) are a newcomer to the cryptocurrency world. Some investors have made significant profits from the creation or sale of these digital assets, but many NFT investors may not be aware of the tax implications of creating, buying, and selling NFTs. Canadian investors who turn a profit off

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Canadian Energy Traders & GST/HST Collection Obligations

Over the past few years, there have been many misunderstandings surrounding Canadian energy traders & GST/HST collection obligations. A few of the issues stem back to a 2014 administration’s decision by the Canadian Revenue Agency to take a more restrictive approach to Section 144 of the Excise Tax Act. As

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CRA GST/HST Project – Use of Staffing Agencies

Many employers in Canada hire staffing agencies, which are often referred to as temporary labour agencies, in order to get cheap temporary help at their company. Recently, the Canada Revenue Agency (CRA) has ramped up tax audits of staffing agencies and business that contract these agencies. The national GST/HST project

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B.C. PST Rebate on Select Machinery and Equipment

The B.C. Government implemented the “PST Rebate on Select Machinery and Equipment” as a temporary provincial sales tax (PST) program to help corporations recover from the financial impacts of COVID-19. The rebate is separate from the existing BC PST Refund process. Under this temporary program, corporations can apply to a

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The Gig Economy And Canadian Taxes

The rapidly expanding gig economy in Canada provides countless opportunities to work from the comfort of your home and perform other “gig jobs.” There are an abundance of websites that support finding and posting gig jobs or projects, including but not limited to Fiverr and Upwork. Being a gig worker

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Are POS Machine Providers Making Taxable Supplies?

Are POS Machine Providers Making Taxable Supplies? The Canada Revenue Agency (CRA) has recently initiated an audit program that is targeting member service providers who are engaged in credit card services, including businesses that provide point-of-sale (POS) systems to merchants. This new initiative can muddle tax issues for these providers

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The GST/HST Self-Assessment Rules

The goods and services tax (GST) and harmonized sales tax (HST) are two important types of tax that the Canada Revenue Agency (CRA) collects. Combined, these taxes bring millions of dollars into the economy each year. One factor that makes GST and HST taxes rather complicated is the requirement for

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What Are GST/HST Carousel Schemes?

The Canada Revenue Agency (CRA) is responsible for collecting various taxes, including the Goods and Services Tax (GST) and the Harmonized Sales Tax (HST). When the government does not collect the amount of tax it is due, the CRA may begin initiatives (audits and investigations) targeted to collect this missing

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