Countries/Canada/Canada Tax & Compliance
Canada · Tax
Canada Tax & Compliance.
Strategy through Morifar; technical filings through regulated Canadian partners.
Canada taxes residents on worldwide income with a deep set of provincial overlays and cross-border treaties (especially with the US). We coordinate strategy; regulated Canadian tax firms execute.
What it is
The full picture, in plain language.
Tax & compliance covers T2 corporate tax, GST/HST, payroll, T1 personal returns, T1135 foreign-property reporting, SR&ED and cross-border treaty work.
Who it's for
Designed for these situations.
New Canadian companies
Setting up CRA accounts and filing rhythms properly.
HNW residents
Personal returns and worldwide income reporting.
Cross-border families and businesses
US-Canada coordination especially.
Tech companies
SR&ED claims and documentation.
Benefits
What the right structure delivers.
Strategic + technical layered
Strategy from Morifar; filings from regulated CPAs.
Cross-border fluency
US-Canada treaty, FATCA and snowbird rules.
SR&ED claims
Documentation discipline from day one.
Pre-immigration planning
Coordinated with the Private Client team.
Annual review cadence
Strategic review pre-year-end.
T1135 reporting
Foreign-property compliance — non-trivial for international families.
The process
Step by step — nothing hidden, nothing skipped.
- 01
Diagnostic
Weeks 1-2Current state and quick wins.
- 02
CRA registrations
Weeks 2-3BN, GST/HST, payroll, T1 onboarding.
- 03
Structure review
Weeks 4-6Cross-border and residency analysis.
- 04
Quarterly cycle
OngoingBookkeeping, GST/HST, payroll.
- 05
Year-end
AnnuallyT2, T1, T1135, SR&ED.
Timeline
What a typical engagement looks like.
Month 1
Diagnostic and registrations.
Months 1-3
Structure review and accounting setup.
Ongoing
Quarterly and annual cycle.
Documents required
The evidence pack we will ask for.
Articles of incorporation
Corporate structure.
Last 2 years' tax returns
Where applicable.
Bank statements
Accounting period.
Foreign asset summary
For T1135.
Costs & fees
What you should budget for.
Below are typical SMB ranges.
Tax diagnostic
From CAD 4,000
Annual accounts & T2 (SMB)
From CAD 4,500
Quarterly bookkeeping
From CAD 800 / month
T1 (HNW individual)
From CAD 2,500
SR&ED claim
15-25% of refund
Success-fee basis.
FAQs
Questions we are asked, and the honest answers.
What is T1135?+
Foreign Income Verification Statement — required where Canadian residents hold foreign property of cost amount > CAD 100k.
Is GST/HST mandatory?+
Above CAD 30k turnover, yes.
What is SR&ED?+
R&D tax credit — refundable for qualifying CCPCs at up to 35%.
Do I have to declare worldwide income?+
Yes, Canadian tax residents pay tax on worldwide income, with foreign tax credits for treaty relief.
Common mistakes
What we see go wrong — so it doesn't happen to you.
Missing T1135
Penalties stack. File on time, every time.
Late corporate tax
Interest and penalties accrue from the due date.
DIY SR&ED
Claims without proper documentation get challenged. Use specialists.
Ignoring departure tax
On leaving Canada, deemed-disposition rules apply.
Explain like I'm 10
The simplest version of the whole thing.
Canada has lots of tax rules — for companies, for people, for money kept abroad. We make sure the right paperwork is filed on time so nothing goes wrong.
Related services
Private consultation
Discuss canada tax & compliance with the team.
A confidential first conversation — no obligation, no sales pitch. We listen, map your situation, and tell you honestly whether and how we can help.
Request a consultation