Canada: Alberta Court Of Appeal Confirms That Directors May Be Held Personally Liable For Injuries Sustained In A Workplace Incident

Last Updated: May 7 2019Article by Cristina WendelDentons The Alberta Court of Appeal recently revisited the question of directors’ personal liability for injuries sustained in a workplace incident. In this case, the defendant was a director of a company which was retained as a subcontractor to perform work in a new home construction. The work included…

Tips and gratuities

IntroductionEmployer responsibilitiesIs income from tips and gratuities part of an employee’s pensionable or insurable earnings, or both?Controlled tipsDirect tipsDeclared tips (in the province of Quebec only)More informationLegislative references Introduction This article is for employers and their employees who receive tips and gratuities. It explains how to treat tips and gratuities for purposes of the Canada…

Interest rates for the second calendar quarter

The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from April 1, 2019 to June 30, 2019. Income tax The interest rate charged on overdue…

Payments to CRA using your bank card

In addition to paying your taxes electronically by logging in to your online banking, you may be able to pay CRA by using your bank card, if you have ‘Interac Online’, ‘Visa Debit’, or ‘Mastercard Debit’ on your bank card.   If you do not have such a bank card, you can also pay CRA using…

Interest rates for the first calendar quarter

The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from January 1, 2019 to March 31, 2019. Income tax The interest rate charged on…

Government Announces the 2019 Automobile Deduction Limits and Expense Benefit Rates for Businesses

December 27, 2018 – Ottawa, Ontario – Department of Finance Canada The Department of Finance Canada today announced the income tax deduction limits and expense benefit rates that will apply in 2019 when using an automobile for business purposes. Most of the limits and rates that applied in 2018 will continue to apply in 2019,…

Canada: Relief Coming For US Citizens Living Abroad? Unfortunately, We Don't Think So

Last Updated: January 7 2019Article by Azam RajanMoodys Gartner Tax Law LLP On December 20, 2018, in the middle of the perfect storm on Capitol Hill created by the impending change in control of the House of Representatives back to the Democratic party, threatened government shutdown, and President Trump’s border wall funding demands, a bill was…

Fall Economic Statement 2018 announces accelerated write-off of new capital purchases

In its Fall Economic Statement, the Government of Canada has announced a bit of a tax break for Canadian business that also includes Alberta business, in that it will allow you to triple the capital cost allowance claim in the year that you make new capital purchases: Building on Canada’s competitive corporate tax system and…