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QUEBEC TO HARMONIZE CERTAIN TAX MEASURES WITH FEDERAL 2024 BUDGET

On April 18, 2024, the Ministère des Finances du Québec announced its intention to amend Québec’s tax legislation and regulations to incorporate, with adaptations on the basis of their general principles, measures relating to: the increase in the lifetime capital gains exemption; the introduction of the Canadian Entrepreneurs’ Incentive; the

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Federal Budget Commentary 2024

Canada’s 2024 Federal Budget (Budget 2024), delivered by Deputy Prime Minister and Finance Minister Chrystia Freeland on April 16, 2024, addresses critical economic challenges faced by Canadians and businesses.   Audit & enforcement measures The government announced a variety of targeted anti-avoidance measures to enhance the CRA’s compliance efforts and

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