“Plan first, report later” is the core principle of smart tax services. We tailor solutions based on each client’s unique needs.…Read More

Reporting overseas assets: After becoming a Canadian tax resident, you are required to disclose your foreign assets to the Canada Revenue Agency (CRA) when filing your second tax return.…Read More

Tax-efficient and tax-deferred wealth growth. When evaluating an investment, there are three key criteria—return, risk, and liquidity. However, in the Canadian context, tax efficiency is equally important.…Read More

Government pensions: The Canada Pension Plan (CPP) requires contributions based on employment income. The amount you receive in retirement depends on your contribution history.…Read More

Is there no estate tax in Canada? Yes, Canada does not have an estate tax. However, upon death, all assets are deemed to be disposed of at fair market value on the final tax return.…Read More

Insurance protection and coverage limits: In Canada, insurance policies are protected by Assuris, which provides coverage for policyholders of member insurance companies. Compared to banks, this protection ensures a level of security for insurance-based financial products.…Read More