Cross-Border Tax Podcast Series by BDO Canada: Recent Episodes
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The Cross-Border Tax Series, brought to you by BDO Canada’s cross-border tax experts, discusses the most important elements when businesses are expanding and crossing Canada's borders. Tune in as we share strategies to minimize overall tax obligations and liabilities while ensuring full compliance with local regulations.
When buying or selling a business, it’s critical to take stock options into account—but this issue is sometimes inadvertently left unaddressed until just before a deal closes. In the final episode of our special live Cross-Border Tax podcast, BDO Partner Debra Moses provides a comparison between Canadian-controlled private corporation (CCPC) transactions and non-CCPC transactions to help you understand and navigate the key considerations.
When can you claim an input tax credit (ITC) on the purchase or sale of a business? In this episode, BDO’s Ken Garth and George Tadross explain the key considerations related to Section 186, including who is eligible, what can be claimed, and notable court cases.
In part three of our live podcast recorded at the Tax Updates & Emerging Issues event, BDO Partners Dan Lundenberg and Kevin Macnab cover what you need to know about U.S. tax, including legislative updates, uncertain tax positions and exposure, the results of a recent court case challenging 5472 penalties, and much more.
New mandatory disclosure rules came into effect in June 2023, which introduced new reporting obligations for select tax planning transactions and uncertain tax treatments. In this episode, Paul Walker and Chris Rathwell from the BDO Transaction Tax team explain the new rules for both reportable and notifiable transactions, surprising uncertain tax treatments that may be impacted, and what effect this could have on financial statements.
Navigating the complexities of the EIFEL rules can be challenging. In this episode—recorded live at the Tax Updates & Emerging Issues event with BDO Canada and the Tax Executive Institute (TEI), Toronto Chapter on Oct. 12, 2023—we break down the revisions to EIFEL rules and their impact. Tune in to hear BDO’s Laura Ball and Jessica Blazejewicz explain who is affected, which deductions are involved, and how to adapt to the changes.
Are you a business owner? Have you ever considered selling? Join BDO Tax Partner Ken Karakashian and Managing Director of the M&A and Capital Markets team Michael Morrow for a conversation with former National Brokers Insurance Services Inc President Joyce Usher-Mesiano. In this in-depth discussion, Joyce details how BDO advised her and her partners from idea to execution, which ultimately led to National Broker’s sale to Westland Insurance. She also provides advice to other business owners who may be contemplating a sale down the road.
The United States is a natural marketplace for Canadian businesses to target. However, there are several key tax issues that companies need to be aware of when considering outbound expansion to the US. To shed some light on the process, BDO International Tax and Transaction Tax Leader Harry Chana, US Tax Partner Emily Heinrich, and International Tax Partner Rose Cross outline the common problems they see that unprepared companies encounter.
Buying a business is rarely a straightforward decision. In order to get the most out of a potential deal, buyers need to be aware of key risks and pitfalls so that they are making informed decisions during their deal negotiations. To help guide you on your journey, BDO Transaction Tax Partners Danvir Roopra and Steve Pereira, alongside Indirect Tax Senior Manager Fred Wong, discuss the crucial role tax due diligence plays when purchasing a business as well as common issues they see from a corporate income tax and indirect tax perspective.
La nouvelle taxe de luxe du Canada entrera en vigueur le 1er septembre 2022 et entraînera des répercussions pour les concessionnaires d’automobiles qui vendent des véhicules dont le prix est supérieur à 100 000 $. Dans cet épisode spécial, Shelley Smith et Mélanie Camiré, professionnelles des Services en matière de taxes indirectes de BDO, vous mettront à jour grâce à un survol des nouvelles règles liées à la taxe de luxe, suivi d’une présentation des différents éléments que doivent comprendre les concessionnaires pour veiller à leur conformité.
Canada’s new luxury tax comes into effect on September 1st, 2022, bringing with it new implications for automobile dealers selling cars exceeding $100,000. In this special episode, BDO Indirect Tax professionals Brian Morcombe and Bruce Goudy bring you up to speed with a quick overview of the new luxury tax rules before outlining different scenarios that dealers need to understand to ensure their own compliance.
The steady rise of online transactions has led to significant changes in e-commerce sales tax rules for Canadian companies and those based abroad doing business within Canada. To help you navigate this evolving landscape, BDO Indirect Tax professionals Brian Morcombe, Bruce Goudy, and Mélanie Camiré provide an overview of the new e-commerce sales tax rules in Canada and explore how they apply to online games of chance in Ontario, which became the first province to regulate the industry.
Many corporations are looking to invest and expand into jurisdictions outside of their own. We outline several important aspects that multinationals should keep in mind when financing business operations in Canada.
Issues covered include debt financing (intercompany and third party debt), trends in the M&A and capital market space, debt capacity analysis, interest deductibility rules, and cross-border loans. BDO Partner and Transfer Pricing Practice Leader Angeline Chandra is joined by Jamal Hejazi, Chief Economist for BDO Canada, and Hetal Kotecha, BDO Partner and Leader of the Toronto M&A Tax Practice, to present a short economic analysis and outline these topics for the audience.
Companies coming into Canada face a variety of human resource challenges. In this episode, we discuss the tax pitfalls of moving employees into Canada or hiring within the country.
Issues covered include employee vs. independent contractor; the employment structure used, such as Global Employment Companies (GECs), Professional Employment Organizations (PEOs), Employers of Record (EORs); and method of compensation, such as equity compensation. BDO Tax Partner Debra Moses—alongside Marie Neill, BDO Senior Manager from our Expatriate Tax services team—offer reliable answers to these urgent challenges.
New and updated trade agreements are shifting the way we approach supply chain structures and immigration, as well as shaping tax trends at a global level. To help you expand your business and form a solid strategy in the movement of good across borders, people between countries or the cost of taxation, BDO Tax professionals Brian Morcombe, Charmaine Goddeeris, Doreen Buksner and Hetal Kotecha provide practical guidance and actionable solutions in this week’s podcast episode.
Expansion is an exciting time for business owners, and a solid tax strategy is key to growth across the border. This episode explores the issues that can arise when Canadian companies set up business operations in foreign entities. In part two of this mini-series, BDO Tax Professionals Dan Lundenberg, Angeline Chandra and Daren Raoux guide us through these important steps.
Key insights on what Canadian companies should be thinking about when expanding outside of Canada. BDO Tax Partner Dan Lundenberg is joined by tax professionals Jill Birks and Gil Lederhos to answer key expansion questions in part one of a two-part mini-series.
Tax, immigration, and HR issues can be complicated when dealing with cross-border employees. What are the federal and state income tax exposures, and how do you ensure a smooth process at all levels of the organization? In mobility situations, who should quarterback the project and balance the needs of both the organization and employee? BDO Tax Partner Debra Moses is joined by tax professionals Daren Raoux, Jay Park, and Kevin Macnab to unravel these complex issues.
The movement of goods and services across borders triggers a number of tax considerations. How has COVID-19 affected the transfer pricing policies and indirect taxes approach by multinational companies? BDO Tax Professionals Angeline Chandra, Bruce Goudy, and Therese Garcia explore these concepts and more.
Governments across the world have implemented various economic stimulus packages to assist individuals and businesses. Have you been wondering which relief programs are available to multinational companies and to what extent—especially when it comes to managing your workforce? Angeline Chandra, Joanne Sun, Kareen Tea, and Laura Ball are Tax experts at BDO Canada who will navigate you through these questions.
Canadian tax, customs, and global workforces can be difficult to navigate. What exactly is GST and HST and how do these taxes work alongside BEPS to level the playing field? Why is tracking your employees and proper documentation so key in the global workforce? BDO Tax Practice leaders Brian Morcombe and Debra Moses join Tax Partner Harry Chana to help answer these questions in the final episode of the mini-series.
The world of tax is constantly changing and often complex. What is BEPS, pillar two of the OECD, and the concept of substance in transfer pricing, and how do they all impact businesses crossing the border? BDO Tax Partner Harry Chana, alongside BDO Cross-Border Tax professionals Rita Trowbridge and Dan McGeown, unpack these concepts in part one of a two- part mini-series.