Detailed Service Category: International Tax

Digital Products, Real Taxes: Key Considerations for Businesses Selling Digital Goods and Services

Two businessmen are at a conference table looking at a laptop. One of them, on the left, is standing and leaning with one hand on the desk while holding a tablet. The other is sitting down and gesturing at the laptop with his hand. An office environment is in the background.

As more businesses move to sell digital products and services, the tax landscape becomes increasingly complex. Whether you’re selling software, SaaS subscriptions, digital marketing services, or any other online offerings, understanding what you’re selling and how it impacts your tax obligations is crucial—especially if you’re growing your business beyond Canadian… Read more

Buying Beyond the Border: Purchasing and Owning Foreign Property as a Canadian

A middle-aged black man dressed professionally sits at an airport gate lounge, facing out the window. He is talking on his cellphone and smiling, while also looking at a laptop screen. A laptop bag sits on the chair beside him in the foreground.

Owning foreign property can be an exciting and lucrative venture, but it also comes with unique challenges and obligations—especially for Canadian individuals and corporations. Whether you’re purchasing property for personal use or as an investment, it’s essential to understand the various tax and reporting requirements that come with foreign property… Read more

Good News: Supporting Your Foreign Tax Credit Claim Just Got Easier

Mature businessman using mobile phone at the airport in the waiting room.

As global mobility continues to increase, more Canadians are earning income from a variety of international sources, which is generally subject to tax in both those jurisdictions. Since the CRA requires this income to be reported on a tax return each year, double taxation situations could arise where the taxpayer… Read more

Sun, Snow, and the CRA: Taxes & Regulations for Vacation Rental Owners

"Two Adirondack chairs on a serene lakeside dock, hinting at the peaceful escape of vacation rentals and the importance of understanding rental taxes and regulations.

Welcome to the wild world of vacation rentals, also known as short-term rentals (STRs), where you can turn your spare property into an income-generating machine almost overnight. While hosting a vacation rental may seem like an easy way to bolster your passive income, when it comes to taxes and regulations,… Read more

Moving from Canada? Some Tax Things to Consider

An elderly woman sits among moving boxes in her new home and writes down notes on a notepad while kicking her feet up and smiling.

UPDATE (November 8, 2024): This article has been updated to reflect changes in legislation, regulations, and accounting practices since the date of publication (August 15, 2019). Moving from Canada is an exciting transition, but it also comes with a host of tax-related implications to be mindful of. This guide covers… Read more