News & Events

• Employee Stock Options
• Foreign Exchange Gains and Losses
• Caregiver and Infirm Dependant Credits
• Making Tax Instalments
• Earned Income for RRSP Purposes
• Around The Courts

• IASB publishes amendments to IFRS 10, IFRS 12 and IAS 28
• IASB publishes amendments to IAS 1 – Disclosure Initiative
• Annual Improvements to IFRSs (2012-2014 Cycle)
• Amendments to IFRS 10 and IAs 28 – Sale or Contribution of Assets between an Investor and its Associate or Joint Venture
• ED/2014/6 Disclosure Initiative – Amendments to IAS 7
• ED/2014/5 Classification and Measurement of Share-based Payment transactions (IFRS 2)
• ED/2014/4 Measuring Quoted Investments in Subsidiaries, Joint Ventures and Associates at Fair Value
• ED/2014/3 Recognition of Deferred Tax Assets for Unrealised Losses (IAS 12)
• Other Standard Setters
• EFRAG – Draft endorsement advice on IFRS 15 (Revenue Recognition)
• EFRAG – Adoption of IFRS 9 back on the agenda

Adoption of IFRS standards by the EU

• EU Endorsement
• EU Endorsement Status Report
• New rules subject to mandatory adoption as of the 31 December 2014 reporting date
• New rules subject to voluntary adoption as of the 31 December 2014 reporting date
• Standards applicable after the reporting date – so far without EU endorsement

• Phase-Out Of LSVCC Credit
• Proposed Changes For Eligible Capital Property
• Automobile Expenses
• 2015 Amounts For Employee Car Allowances And Benefits
• Change of Control of Corporation and Similar Rules for Trusts
• Prescribed Interest Rates
• Around The Courts

• IFRS 15 revenue from Contracts with Customers
• IFRS 9 Financial Instruments – full version
• Amendment to IAS 27 – Equity Method in separate Financial Statements
• Changes to accounting for bearer plants
• ED/2014/2 Investment Entities – Applying the Consolidation Exception
• Other Standard Setters
• Note on accounting for deferred tax assets
• ESMA report on disclosures in the notes related to business combinations (IFRS3)
• EFRAG and ASCG issue a statement on the proposed amendments to IAS 1

• Major Changes Affect Will Planning
• CRA Online Services
• Registration of Tax Preparers to Start in 2016-2017
• GST/HST – Risks of Dealing with a Shady Supplier
• Severe Penalty for Repeated Unreported Income
• Around The Courts

• Tax Brackets and Credit Amounts For 2015
• Personal Use Property
• Carrying Losses Over To Other Years
• Testamentary Trusts: Last Year For Preferential Taxation
• Prescribed Interest Rates
• Around The Courts

• Moving Expenses
• Taxation of Spousal and Similar Trusts
• Capital Gains Exemption
• Partnership Information Returns
• Around The Courts