Micheline Elhakim

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Ontario Fall Economic Statement Tax Updates 2024-2025

Micheline Elhakim 11/22/2024

Overview On October 30, 2024, Ontario’s Minister of Finance has delivered the 2024 Ontario Fall Economic Statement “Building Ontario for You”. This comprehensive summary highlights the key changes introduced in the Fall Economic Statement. Personal Income Tax Measures New taxpayer rebates The Ontario government introduces ...

Nova Scotia: New HST Rate Announced

Micheline Elhakim 10/31/2024

On October 23, 2024, Nova Scotia Premier Tim Houston announced the province’s plan to reduce the provincial portion of the Harmonized Sales Tax (HST) from 10% to 9%. This reduction will lower the combined HST rate from 15% to 14%, effective April 1, 2025. This ...

Pollution pricing in Canada – the fuel charge

Micheline Elhakim 10/01/2024

Carbon tax: a contentious tax The Greenhouse Gas Pollution Pricing Act (“GGPPA”), which came into force on June 21, 2018, mandates that all provinces and territories are to implement a carbon pricing system that meet federal benchmarking criteria or be subject to the federal pricing ...

The impact of Canada’s new Digital Services Tax Act on businesses

Micheline Elhakim 09/09/2024

Canada’s Digital Services Tax Act (“DSTA”) impacts both Canadian and foreign large businesses with global consolidated revenues of at least €750M, while earning digital services revenue in Canada. A business that meets the minimum thresholds will be required to pay a 3% Digital Services Tax ...

Canadian Non-residents indirect taxes registration requirements

Micheline Elhakim 06/17/2024

INTRODUCTION The Goods and Services Tax/Harmonized Sales Tax (“GST/HST”) system is a value-added tax regime that applies across Canada. The GST/HST framework is designed to ensure that the tax is levied at each stage of production and distribution but is ultimately borne by the end ...

Canada Federal Budget Tax Updates 2024

Micheline Elhakim 04/22/2024

Overview On April 16, 2024, the Federal government presented its 2024 Budget “Fairness for every generation” in the House of Commons. This comprehensive summary highlights the key changes that will influence Canada’s tax environment in the coming years. Personal Income Tax Measures No changes were ...

Webinar Tax for U.S. Citizens Resident in Canada

Newfoundland and Labrador Provincial Budget Tax Updates 2024-2025

Micheline Elhakim 03/22/2024

Overview On March 21, 2024, Newfoundland and Labrador’s government has presented its 2024-2025 budget “Transforming Our Health. Our Economy. Our Province.” This comprehensive summary highlights the key changes that will influence the Newfoundland and Labrador tax environment in the coming years. Personal Income Tax Measures ...

Saskatchewan Provincial Budget Tax Updates 2024-2025

Micheline Elhakim 03/21/2024

Overview On March 19, 2024, Saskatchewan’s government has presented its 2024-2025 budget “Classrooms, Care & Communities”. This comprehensive summary highlights the key changes that will influence Saskatchewan’s tax environment in the coming years. Personal Income Tax Measures There are no proposed changes to personal income ...

New Brunswick Provincial Budget Tax Updates 2024-2025

Micheline Elhakim 03/21/2024

Overview On March 19, 2024, New Brunswick’s government has presented its 2024-2025 budget “Stronger than Ever: Let’s Keep Building”. This comprehensive summary highlights the key changes that will influence New Brunswick’s tax environment in the coming years. Personal Income Tax Measures There are no proposed ...

Mise à jour fiscale du budget provincial du Québec 2024-2025

Micheline Elhakim 03/20/2024

Aperçu Le 12 mars 2024, le gouvernement du Québec a annoncé des changements à ses lois fiscales provinciales dans son budget 2024-2025 « Priorités : Santé | Éducation ». Ce résumé souligne les principaux changements qui influenceront l’environnement fiscal québécois dans les années à venir. ...

The member firms of Andersen in Canada focus on Canadian, international and Canada-U.S. cross-border tax matters. With offices across Canada, our tax professionals work with a broad range of businesses and individual clients to develop innovative tax solutions for a diverse range of issues. Our senior leaders and many of our professional staff have extensive experience in Canadian, international, U.S. and cross-border tax matters with major international accounting firms, as well as practical experience working with businesses and individuals.