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Please take part in our annual Canadian Manufacturing Survey

We need your input! KPMG in Canada invites you to take part in the 2011 edition of KPMG’s annual Canadian Manufacturing Survey. Manufactures continue to be challenged in the race to compete globally, compelling them to explore new business models, institute more sophisticated cost management techniques and enhance their risk management efforts. Based on a [...]

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Workplace Fraud

In the high-tech world we live in today, many fraud schemes are becoming increasingly innovative and exploiting the dark side of technology. In order to effectively manage and deal with complex fraud issues, it’s important to ascertain an appropriate and innovative use of technology. If you’re interested in learning more, I recommend you read KPMG’s [...]

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Highlights of the 2011 Ontario Budget

The 2011 Ontario budget was tabled on March 29, 2011. Although there were no changes in the corporate or personal tax rates, the budget did include several tax-related measures. We at KPMG have prepared an article that discusses all the highlights of the budget.  It’s available at the following link:   http://www.kpmg.com/Ca/en/IssuesAndInsights/ArticlesPublications/TNF/Pages/tnfc1111.html

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Highlights of the 2011 Federal Budget

The 2011 federal budget was tabled on March 22, 2011. Although there were no changes in the corporate, personal, or GST tax rates, the budget did include several measures to tighten the tax base, which the government calls “closing tax loopholes”. These measures include the ending of partnership tax deferrals for corporate partners, new rules [...]

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Federal Budget

As you are aware, on March 22, Finance Minister Jim Flaherty released the 2011 federal budget. For the current fiscal year a deficit of $40.5 billion is projected, falling to $29.6 billion in 2012, to $19.4 billion in 2013, and a balanced budget for the 2015-2016 fiscal year. The Budget did not contain changes to [...]

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Staying informed on tax rate changes

KPMG’s substantively enacted rates tables for Canadian-controlled private corporations (CCPC) and general corporations have been updated for the fourth quarter of 2010. The corporate Quick Tax Facts tables have also been updated as of December 31, 2010. The following corporate Quick Tax Facts tables have been updated: ·        Income Tax Rates for General Corporations – [...]

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