| 2011 Hiring Credit |
| Budget March 2010 |
| Dual residency: Canadians in the US |
| CRA Press Release |
| Vehicle Business Use |
| GAAP versus IFRS |
| Private Enterprise ASPE |
| Employee or Contractor |
| Spotlight Alberta CAs |
CRA Introduces New Simplified Vehicle Logbook
Ottawa, Ontario, June 28, 2010: The Canada Revenue Agency (CRA) recently introduced a simplified logbook for motor vehicle expense provisions of the Income Tax Act and the Excise Tax Act. The CRA proposal would allow a business to establish the business use of a vehicle during one complete year; in subsequent years, a sample logbook of distances travelled and the business use would be maintained for at least three continuous months, allowing information to be extrapolated.
Read complete PDF : CRA_Vehicle_Logbook.pdf
By Carey Singer and Brenda Lowey
Privately Speaking - Tax Insights - Deloitte
Most Canadians have been filing tax returns since their late teens or early 20s. Increasingly however, Canadians who spend several months each year in the