KPMG’s TaxNewsFlash-Canada covers the latest breaking tax news that matters to you and your business. For the latest tax law and policy developments from across Canada and the world, bookmark this page or subscribe for e-mail alerts.

February 26 - More lockdown & wage subsidy changes on the way

February 25 - Highlights of the 2021 Alberta budget

January 18 - Employers — Meet upcoming COVID-19 subsidy obligations

January 14 - COVID-19 — OECD urges flexibility for transfer pricing

January 8 - Tax accounting — 2020 tax rates and other changes

December 22 - Digital economy — KPMG responds to OECD proposals

December 18 - Employees — Claim home office expenses for 2020

December 15 - GST and Customs — Overview of 2020 changes

December 14 - Multinationals — Prepare now for expanded foreign affiliate reporting

December 11 - E-marketplaces — Saskatchewan clarifies PST obligations

December 11 - Non-residents and E-Platforms — Upcoming GST changes

November 30 - Employers and pension plans—December 31 GST obligations

November 30 - Highlights of the 2020 federal fall economic update

November 25 - Owner-managers — Time to start your 2020 year-end check-up

November 24 - Organizations — Apply now for rent subsidy support

November 24 - Time to take stock of your personal tax situation for 2020

November 23 - Make the most of your 2020 charitable donations

November 20 - Prepare for upcoming trust reporting rules

November 11 - Canada provides details on latest wage subsidy changes

November 9 - Canada launches rent subsidy support for businesses

November 5 - Highlights of the 2020 Ontario budget

October 15 - Digital economy — OECD releases taxation blueprints

October 9 - Canada bolsters wage subsidy and announces new support

October 5 - Quebec - Disclose nominee agreements by December 23

September 30 - Highlights of the 2020 Newfoundland and Labrador budget

September 23 - Canada extends wage subsidy and signals tax plans

September 17 - United States cancel tariffs on aluminum imports

September 10 - COVID-19 — Canada stretches tax assessment periods

September 1 - CRA further extends travel restrictions relief

August 2020

August 21 - Canada temporarily enhances EI program as CERB winds up

August 14 - U.S. — New interest expense limitation regs and guidance

August 10 - Alberta extends income tax payment deadlines to Sept. 30

August 7 - Canada responds to new U.S. aluminum tariffs

July 2020

July 27 - Income tax payment deadlines extended to September 30

July 27 - Canada enacts wage subsidy extension and enhancements

July 23 - Alberta’s new 20% R&D grant — Coming soon

July 17 - Canada further extends and expands wage subsidy

July 7 - Tax accounting — Q2 2020 update

June 2020

June 30 - Saskatchewan — New PST rules for e-commerce platforms

June 29 - Alberta drops corporate tax rate to 8% effective July 1

June 29 - COVID-19 — CRA extends travel restrictions relief

June 17 - Highlights of the 2020 P.E.I. budget

June 15 - Highlights of Saskatchewan's 2020 budget

June 15 - Extended 75% wage subsidy — 30% revenue decline for June

June 11 - COVID-19 — Canada seeks changes to relief measures

June 3 - Lock in family income-splitting loans starting July 1

June 2 - CRA Confirms Tax Due Dates Extended to September 1, 2020

May 2020

May 31 - COVID-19 — New tax filing extensions and relief

May 25 - COVID-19 — New CRA relief addresses travel restrictions

May 25 - Canada proposes postponing tax & legal deadlines

May 22 - Canada offers wage subsidy for health research groups

May 15 - Canada extends 75% wage subsidy and refines eligibility

May 15 - Employers — No SUB “Top up” for CERB relief payments

April 2020

April 30 - FIs — Ensure self-certifications meet CRS & FATCA rules

April 28 - CUSMA — New trade deal takes effect July 1, 2020

April 24 - Canadian news media — Labour tax credit expanded

April 23 - Innovative businesses — Apply now for COVID-19 relief

April 21 - Employers — Prepare to apply for 75% wage subsidy

April 17 - FIs — CRA extends deadlines for FATCA and CRS returns

April 13 - Employers — Canada’s 75% wage subsidy now enacted

April 8 - Employers — Canada eases access to 75% wage subsidy

April 8 - COVID-19 — Quebec to reimburse training expenses

April 2 - COVID-19 — CRA & Quebec Offer GST/HST and QST Relief

April 1 - Employers — Canada provides details of 75% wage subsidy

March 2020

March 30 - New Brunswick — Tax on carbon-emitting products starts April 1, 2020

March 27 - Canada to boost COVID-19 tax response

March 27 - U.S. COVID-19 response — New relief for individuals

March 26 - Federal COVID-19 relief — More details released

March 26 - U.S. COVID-19 response provides new tax relief

March 25 - Highlights of Ontario’s 2020 economic and fiscal update

March 24 - B.C. offers tax deferrals and extensions for COVID-19

March 24 - Alberta offers COVID-19 tax relief for businesses

March 24 - Manitoba — RST and other tax deadlines extended

March 24 - Derivative instruments — New clarity for characterization

March 20 - Employers — Managing tax & legal issues during COVID-19

March 20 - Mining in Saskatchewan — PST refund opportunity

March 20 - U.S. filing deadlines extended to July 15

March 20 - U.S. offers paid leave and employer credits for COVID-19

March 20 - COVID-19 — Quebec harmonizes with federal measures

March 19 - Highlights of the 2020 Manitoba budget

March 18 - Highlights of Saskatchewan's 2020-21 budget estimates and COVID-19 relief

March 18 - COVID-19 — U.S. pushes back tax payment deadline

March 18 - Employers — Prepare your COVID-19 contingency plan

March 18 - COVID-19 — Tax deadline delay and more relief announced

March 18 - Update for businesses on Canadian-U.S. travel restrictions

March 17 - Quebec delays tax deadlines in light of COVID-19 issues

March 13 - Canada ratifies CUSMA trade deal with U.S. and Mexico

March 13 - Fiscal relief on the way following COVID-19 concerns

March 12 - Tax measures included in Canada's COVID-19 response

March 11 - 2020 federal budget — Tax changes on the table

March 10 - Highlights of the 2020-2021 Quebec budget

March 10 - Highlights of the 2020 New Brunswick budget

February 2020

27 February - Highlights of the 2020 Alberta budget

25 February - Highlights of the 2020 Nova Scotia budget

18 February - Highlights of the 2020 British Columbia budget

7 February - Digital economy — OECD clarifies unified approach

January 2020

10 January - Canadian news media — Apply now for labour tax credit

3 January - Tax accounting — 2019 tax rates and other changes

December 2019

19 December - New stock option rules delayed

19 December - GST and customs — Overview of 2019 changes

12 December - Canada’s trade deal with U.S. and Mexico ready to be ratified

9 December - Canada Proposes new “Middle Class tax Cut” Starting in 2020

6 December - TIER Approved — Alberta facilities should register with CRA now

6 December - Federal carbon pricing coming to Alberta on January 1, 2020

5 December - Digital economy — KPMG on OECD’s minimum rate of tax

4 December - U.S. issues final BEAT regs and more related proposals

November 2019

29 November - Upcoming treaty changes— Review withholding Obligations now

26 November - Digital Economy — OECD explores minimum rate of tax

20 November - Charitable Planning — Helping your donation go further

15 November - Digital economy — KPMG on OECD's "Pillar One" proposal

11 November - 2019 year-end tax tips for owner-managers

8 November - 2019 year-end tips for your personal taxes

7 November - Highlights of the 2019 Quebec fall update

6 November - Ontario drops small business tax rate for 2020

October 2019

24 October - Highlights of the 2019 Alberta budget

22 October - Post-2019 election — Possible tax changes

11 October - Digital economy — OECD proposes  unified tax approach

11 October - Employers and pension plans — Meet GST/HST obligations

4 October - U.S. announces additional relief affecting Canadian CFCs

September 2019

19 September - Investment plans — Act now to obtain investor GST details

August 2019

30 August - MLI to modify Canadian tax treaties in 2020

23 August - Quebec extends upcoming deadline for disclosing nominee agreements

12 August - Quebec — Act now to disclose nominee agreements

6 August - Mutual Fund Trusts — New relief for allocation rules

July 2019

25 July - Canada keeps close eye on steel imports

3 July - Tax accounting — Q2 2019 update

June 2019

26 June - Highlights of the 2019 P.E.I. budget

24 June - Canadian residents — Prepare for new U.S. GILTI tax changes

19 June - Finance reveals more details on stock option deduction cap

12 June - Pension funds may qualify for U.S. tax exemption

7 June - Manitoba — Prepare for RST reduction transitional rules

5 June - Canada prepares to respond to potential steel import surge

May 2019

29 May - Alberta — Corporate tax rate drops to 8% by 2022

24 May - Holding Companies — Prepare for new GST/HST rules

24 May - Federal fuel charge reporting starts May 31

21 May - U.S. removes tariffs on Canadian steel and aluminum

9 May - Canadian businesses — New QST rules coming September 1

April 2019

16 April - Highlights of the 2019 Newfoundland and Labrador budget

12 April - Canadian news media — Budget details new labour tax credit

12 April - Canadian companies — IRS revises employer registration

11 April - Highlights of the 2019 Ontario budget

March 2019

29 March - Update — Tracking arrangements and investment Funds

27 March - B.C. property owners — Make declaration by March 31

26 March - New Stock option rules coming — Take action now

26 March - Highlights of the 2019 Nova Scotia budget

21 March - 2019-2020 Quebec budget highlights

20 March - 2019 federal budget — Spotlight on asset management

20 March - Highlights of the 2019 Saskatchewan budget

19 March - 2019 federal budget highlights

19 March - Highlights of the 2019 New Brunswick budget

18 March - KPMG weighs in on future of digital tax

11 March - Electronic platforms — New QST rules now in effect

7 March - Highlights of the 2019 Manitoba budget