Blog

A Liquidity Crunch in Vancouver

Just two years back, when buying condo presales was the rage of investing free cash in Vancouver, I wrote a short blog cautioning investors to begin preparation years ahead for the closing date of the deal.  When the condo completes, full payment of the balance on the condo is required to close the deal; hence qualifying for the mortgage at

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Last Chance Tax Planning for 2018

As 2018 comes to an end, tax advisors across Canada are busy restructuring and planning many corporations to respond to the new tax rules that came into existence this year. BC’s New Tax Law Called Tax on Split Income (TOSI) The biggest new tax law introduced this year is Tax on Split Income or TOSI for short.  TOSI is so

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Vancouver Tax Planning for CCPC’s As We Approach the Second Half of 2018

As the summer of 2018 comes to an end, vancouver tax advisors are starting to contemplate the tax planning work that will be required for CCPC come fall 2018. At the start of 2018, tax advisors and incorporated businesses awaited the 2018 federal budget with high level of anxiety.  After all, the initial announcement to eliminate the tax deferral advantage

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