Canada’s Digital Services Tax Act was enacted on June 20, 2024 and came into effect by Order in Council on June 28, 2024. The new legislation imposes a digital services tax of 3% on digital services revenue exceeding...more
In July 2023, the Canada Revenue Agency (“CRA”) released GST/HST Notice 325 (the “Notice”) with respect to services provided by certain insurance intermediaries. The Notice essentially makes official the 180-degree turn the...more
9/7/2023
/ Canada ,
Canada Revenue Agency (CRA) ,
Future Tax Treatment ,
Goods or Services ,
GST ,
Insurance Agents ,
Intermediaries ,
International Tax Issues ,
Sales Commissions ,
Tax Liability ,
TPAs
On August 4, 2023, the Department of Finance of Canada released significant legislative proposals relating to the federal government’s proposed measures to grow Canada’s clean economy. The release includes the draft...more
8/16/2023
/ Canada ,
Carbon Capture and Sequestration ,
Clean Energy ,
Department of Finance ,
Green Infrastructure ,
Green Initiatives ,
Green Technology ,
International Tax Issues ,
Investment Tax Credits ,
Legislative Agendas ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform