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Webinar Alert – U.S. And Canadian Equity Compensation: Tax 101
Join Warren Dueck and Atif Mir for a review of U.S. and Canadian Equity Compensation. Topics on the Agenda Stock Options Restricted Stock Restricted Share Units and Performance Share Units Deferred Share Units Share Appreciation Rights There will be an opportunity to ask questions at the end of the presentation. Who should attend Individuals who have or may receive equity […]
Canadian Vacancy Tax Update
January 9, 2023Real estate prices have increased rapidly over the last decade putting pressure on communities to provide housing solutions for families. More jurisdictions are implementing taxes to turn vacant homes into rental properties. This blog summarizes recent changes to these taxes. Federal Announced in the 2021 budget, the Canadian federal Underused Housing Tax applies a 1% […]
Canada’s Underused Housing Tax
January 6, 2023The Government of Canada enacted a 1% Underused Housing Tax (“UHT”) on the fair market value of Canadian residential real estate held by certain owners. Various exemptions apply to limit the application of this tax. This tax is effective January 1, 2022 and requires reporting by May 1, 2023. Who Does UHT Apply To? UHT […]
2% Share Buyback Tax: What to Expect?
January 5, 2023Prepared by Andersen in Canada, Montreal Partner Danny Guérin with support from Stéphanie Perras. The 2022 Federal Fall Economic Statement announced a two-percent tax that would applyon the net value of all types of share buybacks made by public corporations in Canada. Thetax would come into effect on January 1, 2024. The statement indicates that more detailswill be […]
