The Canada Revenue Agency (CRA) has confirmed the launch of the CRA $500 One-Time Tax Refund 2025, a direct rebate designed to provide quick financial relief to households facing rising living costs. Scheduled for September 2025, this measure targets low- and middle-income taxpayers, offering an automatic, tax-free refund with no additional application required. This initiative … Read more
The global taxation landscape is shifting, and at the center of recent developments is the Group of Seven (G7)’s agreement to exempt U.S. multinational corporations from specific aspects of the global minimum tax. This “side-by-side” tax deal, heavily supported by the U.S. and agreed upon by other G7 nations, aims to provide stability while addressing … Read more
The Government of Canada has announced a major enhancement to its flagship child support program: the $1,200 Canada Child Benefit (CCB) Boost 2025. Beginning in September 2025, eligible families will automatically receive an additional $1,200 annually per child under the CCB scheme. This move is part of a broader strategy to address rising living costs … Read more