Accountants are always keeping up to date on tax related issues. Here are a few tax planning ideas to consider before 2010 and changes for 2011: 1.Federal Small business rate remains at 11% for Federal tax purposes 2.New Avoidance Transaction rules, must be reported after 2010. 3.Quebec Sales Tax Rate: Increasing from 7.5% to… Read more »
Monthly Archives: December 2010
Canadian Audit Committee Update: Evolving issues for 2010
Audit Committee Evolving Issues focuses on communicating to stakeholders about the impact of adopting IFRS. Today’s changing business and economic conditions provide an opportunity for the audit committee to reassess its priorities and refocus its agenda. The purpose of the Audit Committee is to strengthen the integrity of the financial reporting process and the quality… Read more »