Underused Housing Tax - Basic Facts
The Government of Canada has introduced in its 2021 budget an underused housing tax (UHT) on the ownership of vacant or underused housing in Canada. The Underused Housing Tax Act (UHTA) received royal assent on June 9, 2022, and took effect on January 1, 2022. While the tax is generally aimed at non-Canadian or non-residents of Canada, there are situations where the rules could apply to Canadian residents. Canadian residents do not have to pay the tax but may have to file a return and claim an exemption.
October 9, 2023
Are you self-employed or a Personal Service Business?
If you are a consultant or contractor, you need to understand the impact of being classified as a Personal Services Business
August 17, 2023
Setting up a company or a subsidiary in the United States
As a foreign company or person, you have multiple choices to start a business in the United States, whether you want to start a new business or establish a subsidiary of your existing business, we will cover a few options here for you. Below is a comparison between setting up an LLC and a C Corporation.
July 10, 2023