Introduction to Partnerships in Canada

As we all know Partnership is the involvement of two or more persons for the achievement of a common motive generally the profits from business. It may be made through the verbal or the written agreement.  It may be for profit or not for profit. In general, the partnerships are written for the rights/duties of […]

Canadian Dental Care Plan

The Canadian Dental Care Plan(CCDP) is a federal government program to provide coverage for Canadian residents who do not have dental benefits. This program is in addition to the already run programs by any government and the benefits of those do not lapse. Benefits will be coordinated between the programs and no benefits will be […]

Foreign Assets Reporting

CRA wants every person holding foreign properties above specified value to submit each year information regarding the foreign assets and income earned on those assets with a view to plug tax evasion and tax avoidance. Each year a form needs to be filled through which CRA gets all the information about the foreign properties for […]

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