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Canada US flags and beneficial ownership rules

Update: U.S. judge lifts injunction suspending Corporate Transparency Act and beneficial ownership reporting rules

A significant compliance requirement for Canadian companies with subsidiaries in the United States is the obligation to disclose information about the individuals that own or control those companies through Beneficial Ownership Information (BOI) reporting rules. The U.S. Corporate Transparency Act (CTA) also mandates that, in certain cases, the beneficial owners of a foreign-owned company with […]

Changes to Quebec Sales Tax rules put collection onus on digital service providers

If doing business in Quebec was already tricky for companies residing outside of La Belle Province, it’s now become even more complex thanks to important amendments to provincial tax legislation. Many organizations would be forgiven for missing changes to the Act Respecting the Quebec Sales Tax, which took effect on January 1, 2019. The amendments […]