Tax Services - Ernst & Young - Canada - Ernst & Young - Canada

Government budget season begins this month, starting with Alberta's on 9 February. Be sure to check out our federal, provincial and territorial Tax Alerts at ey.com/ca/Budget.

In the latest issue of our monthly newsletter, you’ll find the following timely topics: tax-free savings account, management fees in related party planning, the terms “pays or credits” for withholding tax purposes, and much more.

On 13 January 2012, the Supreme Court of Canada heard the appeal of the Federal Court of Appeal’s decision in favour of Glaxo Canada in the GlaxoSmithKline transfer pricing case. The Court is expected to render its decision within the next 8 to 12 months. Learn more in our latest Tax Alert.

On 16 December 2011, the Supreme Court of Canada released its highly anticipated decision in the case of Copthorne Holdings Ltd. v the Queen (2011 SCC 63). The Court dismissed the taxpayer’s appeal — and in so doing confirmed that the General Anti-Avoidance Rule applied to a series of transactions that resulted in the “double counting” of paid-up capital. Learn more in our Tax Alert.

Gena Katz, Associate Partner with Ernst & Young, outlines a number of tax savings strategies — for investors, business owners, employees, and people turning 71 this year — to help keep more money in your pocket.

As of 1 January 2013, holding corporations will no longer be entitled to claim the QST paid on their purchases as input tax refunds. Learn more.

In the latest issue of our monthly newsletter, you’ll find the following timely topics: end the year with tax savings, at look at the three-year limitation on dividend refunds, what happens to TFSAs under the terms of a will, a case dealing with the transfer of shares as a gift, and much more.

The latest edition of our helpful annual guide is now available. Download a copy — and discover how you can save time, stress — and money. Now also available as an eBook — for use on your smartphone, eReader, computer or tablet!