CRA REVISES FOREIGN INCOME VERIFICATION STATEMENT T1135

The following has been extracted directly from the CRA website, www.cra.gc Starting with the 2013 taxation year, Canadian taxpayers who hold specified foreign property with a cost amount of over $100,000 in total, at any time in the taxation year, are required to provide additional information ...

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WHAT ONTARIO PHYSICIANS DON’T KNOW ABOUT HST

If you are a physician in Ontario, you know that Harmonized Sales Tax (HST) significantly impacts your bottom line. For HST purposes, medical services are considered exempt.  That means you do not charge HST for treatment services, and you are not able to recover the HST on the goods and ...

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