A Canadian-controlled private corporation (CCPC) or a deposit insurance corporation may pay eligible dividends to the extent of its general rate income pool (GRIP) without incurring Part III.1 tax.

Answer these 2 questions to find out if you can claim the amount for an eligible dependant. In addition, the dependant must also be one of the following persons by blood, marriage, common-law ...

Le Programme de mobilité internationale (pmi) vous permet (l’employeur) d’embaucher un travailleur temporaire sans obtenir une étude d’impact sur le marché du travail (eimt). Dans la plupart des cas, ...

On June 29, 2021, Bill C-30, An Act to implement certain provisions of the budget tabled in Parliament on April 19, 2021, and other measures received Royal Assent and is now law. This bill includes ...

A salary deferral arrangement is a plan or arrangement made between an employee and an employer. Under such an arrangement, an employee postpones receiving salary and wages to a later year. Treat the ...

You can deduct interest you paid on money you borrowed to buy a motor vehicle, passenger vehicle, or zero-emission passenger vehicle that you use to earn employment income. Include the interest you ...

If you are employed and you make deductible support payments, you can ask the Canada Revenue Agency to allow the reduction of the amount of income tax that your employer is deducting from your pay. To ...

The amount recovered from the gross Old Age Security pension amount in box 19 because of an overpayment you received in a previous period. Enter this amount on line 23200 of your return. The net ...

For tax years starting after 2023, all corporations have to file their T2 Corporation Income Tax Return electronically, except for: insurance corporations non-resident corporations corporations ...

Canada's tax system is based on the self-assessment principle. This means that individuals complete an income tax and benefit return each year to report their annual income, claim all deductions or ...

The best evidence to support the use of a vehicle is an accurate logbook of business travel maintained for the entire year, showing for each business trip, the destination, the reason for the trip and ...

Personal, business, corporation, trust, international and non-resident income tax.