April 15th, 2025
Short-term Rentals & GST/HST: The Hidden Tax Trap on Condo Sales
Switching to and from Airbnb or another form of short-term rentals can result in a GST/HST bill when a condo is sold or there is a change in use.
Bill C-47: International Tax Amendments
Posted on August 24th, 2023 in Cross-border Tax, Domestic Tax
This article, authored by RSM Canada, highlights the international aspects of the recent amendments to Bill C-47 in Canada’s Income Tax Act.
The article covers the expansion of withholding tax obligations for non-residents, the narrowing of the money lending business exception, and the introduction of a new functional currency and broader stop-loss provision.
The aforementioned changes have compliance implications for companies that conduct business across borders.
Article written by RSM Canada and referenced with permission as a member of RSM Canada Alliance.
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