Archives for corporate

Beware that your Non-U.S. Financial Institutions May Be Sharing Your Financial Account Information with the Internal Revenue Service

The Foreign Account Tax Compliance Act (FATCA) was enacted by the United States (U.S.) Congress in March 2010 to prevent U.S. persons/taxpayers from evading taxes by using foreign accounts. Under FATCA regulation individuals are required to provide full details of...
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Indian Transfer Pricing (Safe Harbour) Rules

Transfer pricing allows multinational corporations (MNCs) and their related parties to allocate worldwide profit to countries with lower tax rates; thereby allowing multinational corporations to minimize the amount of overall taxes paid. In order to prevent transfer pricing abuse, many...
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CRA Audits of SRED Claims

Are Your SRED Claims being audited by the CRA? Are you concerned that your claim may be disallowed or your refund amount reduced? AG Tax Chartered Accountants have helped countless clients to resolve their SRED tax refund issues with the CRA. There has been...
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BCIT Commercialization Boot Camp

BCIT is offering their widely acclaimed free all-day Commercialization Boot Camp for entrepreneurs, inventors and BC businesses! The BCIT Commercialization Boot Camp is designed to assist early and later stage BC businesses through the processes and pitfalls of commercialization. This is a unique...
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What is the SR&ED Program?

The Canada Revenue Agency (CRA) provides various tax benefits in the form of tax credits and deductions to promote research and development, amongst these various benefits is the ‘SR&ED Program’.  However, many Canadian taxpayers are not well aware of this...
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