Getting to Know Exempt Market Dealers (EMDs)

Apr 7, 2020
cc Flickr Ken Teegardin, modified,

What is an exempt market dealer, and when do you need one?

Read More

CRA Increasing Global Enforcement

Mar 18, 2019
Taxform, cc Flickr craigstoronto, modified,

We live in a world of rootless capital, where finance flows readily across borders. Many businesses operate internationally with resulting assets held in multiple jurisdictions. These intricate, globe-straddling financial portfolios have been the bane of tax authorities, tasked with monitoring and enforcing tax liabilities on assets held abroad. Blind spots – jurisdictions that the authorities…

Read More

Restrictions on Political Activities for Charities Struck Down

Feb 18, 2019
Canadian tax law, cc Flickr Rebecca Siegel, modified,

Canadian Charities take note: a fundamental shift has occurred in how the Canada Revenue Agency regulates political activities, one that may significantly change the way that charities engaged in non-partisan political activities structure themselves and operate. Though punctuated by the Trudeau government’s recent decision to drop its appeal against a 2018 court ruling that struck…

Read More

Ontario Offering Memorandum Exemption a Win-Win

Feb 13, 2019
Toonie, cc Flickr Carol VanHook, modified,

One of the most significant regulatory developments of the past few years regards changes to offering memorandum exceptions, and every Canadian business owner and investor should be aware of how these new rules work.   In 2016, a set of new amendments from provincial securities regulators came into force. They introduced an offering memorandum prospectus…

Read More