Tax News
T4A/T4A-NR: Tax requirements and deadlines
The coming weeks will be crucial in terms of tax compliance. The deadlines are approaching for filing T4A and T4A-NR slips, which are often overlooked or misunderstood by organizations that pay certain types of income. It is important to understand the applicable requirements and ensure that the information reported is accurate, complete, and filed on time to avoid significant penalties and interest charges.
Manitoba – Extension of Retail Sales Tax to Cloud Computing Services
1 January 2026
Manitoba Finance has recently updated its administrative guidelines to specify the Retail Sales Tax (RST) treatment of cloud computing services. The updated guidance explicitly confirms that, effective January 1, 2026, cloud computing services will be subject to Manitoba RST.
Selling property in Canada as a non-resident? Learn the key tax issues to address
What are the Canadian income tax implications when a non-resident individual sells a real property in Canada?
Application of Canadian Sales Taxes to Tariffs
End of the Release Prior to Payment Transition Period Without Financial Security
The Canada Border Services Agency (CBSA) has announced the end of the 180-day transition period allowing Release Prior to Payment (RPP) without financial security, which concluded on May 20, 2025.
Deferral of GST/HST, QST and Corporate Income Tax Payments
On March 21, 2025, the federal government announced a temporary relief measure to support businesses facing economic challenges. This measure allows businesses to defer the payment of GST/HST and corporate income tax balances from April 2 to June 30, 2025. During this period, no interest will be charged on any outstanding tax or GST/HST payments, including any existing balances.
HST Rate Reduction in Nova Scotia
The government of Nova Scotia has announced a reduction in the harmonized sales tax rate in the province.
Government Support for Canadian Businesses Facing U.S. Tariffs
Canada and several provinces have announced a range of measures to support Canadian businesses impacted by U.S. tariffs. These initiatives include financial assistance programs, loans, and funding to help businesses maintain operations, diversify markets, and improve productivity.
The 2024 Fall Economic Statement
The 2024 Fall Economic Statement was presented on December 16, 2024, by the federal government. Below is a summary of the proposed tax measures.
It is important to note that these measures will only take effect once adopted by law and granted royal assent. The current political context makes the implementation of the proposed measures uncertain.
It is important to note that these measures will only take effect once adopted by law and granted royal assent. The current political context makes the implementation of the proposed measures uncertain.
Year-end tax planning 2023
Another year is ending, and there are several tax issues to consider for 2023. While it’s best to have a sound tax strategy throughout the year, it’s not too late to end the year on the right foot.