Businesses often require employees to use automobiles to perform their employment duties. Most often, a business will provide an automobile to the employee or will pay the employee for use of the employee’s own vehicle. These options present different income tax consequences for the employer and the employee.
This technical bulletin covers the various developments from April to June 2015. Collins Barrow regularly publishes Technical Bulletin for the general interest of its clients and friends to highlight the continually changing accounting and assurance standards, and the interpretations thereof, in Canada.
The Latest at Collins Barrow Ottawa
Sudbury, ON – Collins Barrow Sudbury-Nipissing LLP was the top fundraising team at the Canadian Cancer Society’s Relay For Life on Friday, June 19. Calling themselves “A Counting For A Cure,” the CB Sudbury-Nipissing team raised $8,000 for this important cause, which was matched by the firm for a total contribution of $16,000.
Ottawa, ON – Collins Barrow Ottawa LLP is proud to sponsor Education International’s 7th World Congress. Running from July 19 to 26 at the Ottawa Convention Centre, the event is hosted by the Canadian Teachers’ Federation (CTF). This is the first time the event — which takes place on a new continent every four years — will be hosted in Canada.
Your go-to resource for investment banking, transaction structuring, M&A and capital advice — whether you’re a buyer, seller, lender, private equity investor or focused on growing or restructuring your business — our Corporate Finance professionals are masters of the art of the deal.
Crowdfunding is an increasingly popular way to raise funds for projects. But what does this mean for taxpayers when they report their income to Canada Revenue Agency (CRA)? Our experts break down the tax implications of raising funds publically online.
Toronto, ON – Collins Barrow Toronto is pleased to announce the promotion of Ben Gibbons to partner in the firm’s Corporate Finance group. Previously vice president of Corporate Finance, Ben will lead M&A and capital markets transactions, across both equity and debt financing, in the private and public sectors.
The investment funds industry has experienced significant growth in the last 20 years directly contributing to the wellbeing of the Canadian economy. As the leading advisors to the mid-market investment funds sector, we are the right partners to bring greater financial clarity and guidance.
Family cottages can play an integral role in strengthening family bonds. Over time, traditions are established, festivities are enjoyed and emotional ties are formed, creating a desire to keep these properties in the family for generations. However, a variety of financial and legal concerns can make this more difficult than it sounds.
RED DEER – A proud supporter of Canada’s national sport, Collins Barrow is honoured to sponsor the Canadian Hockey League’s (CHL) annual tournament May 20-29, 2016. Top junior hockey teams from the Ontario Hockey League, Quebec Major Junior Hockey League and Western Hockey League will faceoff to compete for the historic MasterCard Memorial Cup. The Red Deer Rebels will host the eight-day tournament.