Tax Planning and SR&ED

I’m often amazed that some Canadian technology companies spend a fortune on complex tax planning structures and ignore rudimentary compliance functions to support SR&ED tax incentives. While SR&ED is becoming more difficult and less predictable, it is...

What Governments can Learn from Startups

What Governments Can Learn from Startups Every few years the electorate votes the ruling party out of office — often in favour of a new, reinvigorated opposition party. Effectively we vote in a ‘startup government’ led by a few individuals with political experience,...

Taxation of Employee Stock Options

When a company issues stock options to employees, there may be taxable benefits either when the stock option is exercised (in the case of a public company share), or when the resulting share is sold (in the case of a Canadian-Controlled Private Corporation...

Is the CRA Out of Control?

I received a link to the following article from LEDGERS.COM. Their experience pretty much mirrors our own: As Canadians, we have an inherent obligation to pay taxes; we also have rights under “The Taxpayer Bill of Rights” CRA however, does not seem to believe in a lot...