• TaxMatters@EY – May 2018

    Tax issues affect everyone. To help you get up to speed on the latest hot topics, the May issue of Canada’s TaxMatters@EY is now available. Learn about how the federal government simplified its proposals for taxation of passive investment income in its 2018-19 budget.

  • EY Policy brief: Canada's response to US tax reform

    Has Canadian competitiveness fallen behind? If so, what are the economic and fiscal implications? What should Canadian policymakers be doing about it? Here we focus on these questions in the context of Canada’s tax competitiveness.

  • Capital allocation and Canadian competitiveness survey

    The performance of the Canadian economy continues to be strong across most sectors and regions of the country, but a number of external factors pose potential threats to sustained growth.

  • TaxMatters@EY – April 2018

    Tax issues affect everyone. To help you get up to speed on the latest hot topics, the April issue of Canada’s TaxMatters@EY is now available. Read about the potential implications of building unconscious bias into the programming of artificial intelligence.

  • TaxMatters@EY – March 2018

    Tax issues affect everyone. To help you get up to speed on the latest hot topics, the March issue of Canada’s TaxMatters@EY is now available. Read about prescribed rate loans and why you should examine your strategy by 1 April 2018.

  • Private company insights - Federal budget 2018-19

    Read our executive summary highlights of Budget 2018 that are relevant to private companies and their shareholders. And to hear how the 2018 federal budget will impact Canadian private businesses, view our budget webcast.

  • Federal budget 2018-19

    Our professionals’ insights and perspectives on the 2018-19 federal budget.

  • Indirect taxes are evolving. Are you?

    Tax Insights examines the recent developments in indirect tax and the unique challenges they bring.

  • TaxMatters@EY – February 2018

    Tax issues affect everyone. To help you get up to speed on the latest hot topics, the February issue of Canada’s TaxMatters@EY is now available. Learn about significant changes to the Canada Revenue Agency’s Voluntary Disclosure Program for taxpayers that take effect 1 March 2018.

Tax Services

We’ll help you navigate the global tax landscape

The business and tax landscapes have changed dramatically, and the pace and complexity of change continues to increase. We can help you navigate this shifting landscape. Governments are tempering the need for revenue with increased competition for labor and capital. Tax authorities are adapting their enforcement strategies, focus and policies in response to the changing dynamics of business. Companies are balancing competing priorities, ensuring they maintain compliance while adding value. We can assist you with these critical issues in today's tax environment, including:


  • Seizing the opportunity in Global Compliance and Reporting

    Global Compliance and Reporting (GCR) is at a tipping point. Many companies distribute responsibility for GCR processes throughout their organization creating a patchwork. The results are suboptimal. Our recent survey shows a need for a new approach.

    Due to the combination of evolving business models, transforming finance functions and an increasingly complex regulatory landscape. There are new opportunities to better optimize efficiency, control and value, to help mitigate risk and improve performance.

    What is Global Compliance and Reporting?

    GCR comprises the key elements of a company's finance and tax processes that prepare statutory financial and tax filings as required in countries around the world. These duties include:

    • Statutory accounting and reporting
    • Tax accounting and provisions
    • Income tax compliance
    • Indirect tax compliance
    • Governance and control of the above processes

    GCR activities reside in the middle of a broader set of so-called record-to-report (R2R) processes. R2R is the intersection between any company's finance and tax departments and is used to capture, process and store information that is essential to statutory accounting, tax compliance and reporting. Any change to R2R processes, information, finance systems, roles and responsibilities will have a direct impact on GCR processes.

    Risk on the rise

    GCR risks are on the rise. Local jurisdictions are rewriting regulations, focusing more intently on the collection of tax revenues and sharing more taxpayer information across borders. At the same time, the global financial crisis has driven companies to redesign their finance operating models to remain competitive and to take advantage of opportunities for growth.

    Our new report Seizing the opportunity in Global Compliance and Reporting investigates the significant developments taking place as multinational companies determine the best way to meet financial reporting and tax obligations worldwide.

    Our case study highlights how we helped leverage an array of external providers

    Helping you achieve meet the new GCR demands

    Fast changing compliance and reporting requirements are more demanding on tax and finance functions today than ever before. So how do you improve control and quality, manage risk, create efficiency and drive value?

    Our market-leading approach combines standard and efficient processes, highly effective tools and an extensive network of local tax and accounting subject matter professionals.

    See more on how we can help you meet the demands of today's tax landscape

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Contact us

Alycia Calvert    Alycia Calvert
Leader,
Tax Services
416 943 4441

Contact a member of our team.
 

EY - Managing Your Personal Taxes 2017-18

Managing Your Personal Taxes 2017-18

Our popular and helpful annual guide with tips, strategies and suggestions to help you understand your tax situation.

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