Information About Thorsteinssons’ Tax Blog

Following our previous discussion of Canadian tax residency, this post explores the next question: what happens when a taxpayer becomes a non-resident of Canada under the Income Tax Act (Canada) (the “ITAâ€�)? Whether a taxpayer’s “exitâ€� is tax motivated or not, the ITA imposes potentially o … Read more »

Under the Income Tax Act (Canada) (the “ITAâ€�), a resident of Canada is taxable on worldwide income, whereas a non-resident is taxable only on certain income that is connected to Canada. Non-residents are also subject to withholding tax on certain types of Canadian-source income (e.g., dividends … Read more »

Authored by: Adrian Zee, Rosemary Anderson, and Zheting Su The recent 2026 BC Budget announced amendments (the “Amendmentsâ€�) to the Provincial Sales Tax Act (“PSTAâ€�) to eliminate certain exemptions and expand the application of PST to five new categories of professional services starting Oct … Read more »

At the 2025 CTF Annual Tax Conference, during their annual 2025 roundtable (the “2025 Roundtableâ€�) the Canada Revenue Agency (the “CRAâ€�) answered questions regarding its current administrative views and practices. This blog provides an overview of certain key takeaways from the 2025 Roundtab … Read more »

The Canada Revenue Agency (the “CRAâ€�) administers the Voluntary Disclosures Program (“VDPâ€�) to grant penalty and/or interest relief to taxpayers who voluntarily disclose errors or omissions in their past tax filings and pay the taxes owing, provided they meet the eligibility requirements of … Read more »