tax strategy

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Understanding the new 1 per cent Underused Housing Tax

The Underused Housing Tax (“UHT”) imposes a mandatory tax return filing obligation and potential tax liability on most owners of Canadian residential properties.  A residential property generally refers to a detached house, duplex, triplex, semi-detached house, rowhouse unit, residential condominium unit or other similar premises containing a private kitchen, bath and living area.  An owner of …

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Looking for international growth outside of Canada? Here’s what to consider

Organizations aiming to expand outside of Canada have the potential for exponential international growth. But all too often, leaders underestimate the complexities and time commitment involved. Small to medium-sized businesses that jump too rapidly or aggressively into international growth can face disappointment and crippling expenses. Even major corporations can downplay the challenges involved. Just ask …

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