In the ever-evolving world of international finance, staying ahead of the game is crucial, especially when it comes to managing investments in Passive Foreign Investment Companies (PFICs). Taxation of these entities can be complex and daunting.
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What is SR&ED Tax – How to Calculate and Benefits to Know in 2026?
Before 1994, companies reported all SR&ED (Scientific Research and Experimental Development) expenditures to Revenue Canada. Now, it is up to each company to calculate their expected SR&ED investment tax credit.
Learning About Substantial Issuer Bids in Canada in 2026
Several industries in Canada are consolidating their businesses, and the issuers are selling off their assets. This creates a problem for the issuers as they are left with excess cash on their balance sheet, and they have no alternative options to deploy this amount elsewhere.