by Vishal Raithatha | Nov 3, 2023 | News
What is a capital gains strip? A “capital gains strip” is a strategy to extract corporate funds in a manner that is more tax-efficient than the conventional methods of drawing dividends or salaries. In particular, it involves the conversion of amounts that would...
by Vishal Raithatha | Oct 27, 2023 | News
We list below some instances where Underused Housing Tax (“UHT”) returns would be required to be filed which may not be visible to your accountant. If any of these apply to you, please contact your TZR advisor as soon as possible. Although the UHT would not be...
by Vishal Raithatha | May 3, 2023 | News
The CRA recently provided some welcome news regarding the Underused Housing Tax (“UHT”) administration for the 2022 taxation year. In short, CRA will waive penalties and interest in respect of late-filed UHT returns and late payments of the UHT, as long as the UHT...
by Vishal Raithatha | Mar 8, 2023 | News
Overview of the tax Owners of residential properties situated in Canada that were owned on December 31, 2022, must determine if they are required to file Underused Housing Tax (“UHT”) returns and if the UHT is payable. The UHT is an annual tax computed as 1% of the...
by Vishal Raithatha | Jan 23, 2023 | News
We are excited to announce Vishal Raithatha has become a named partner in our firm. Going forward, we will be known as Truster Zweig Raithatha LLP. Chartered Professional Accountants.
by Vishal Raithatha | Jan 23, 2023 | News
Our Senior Tax Partner, Perry Truster, recently wrote an article for the Canadian Tax Foundation.
