• Collins Barrow Montréal S.E.N.C.R.L./LLP

    As a leading mid-market firm, we have been serving the Montréal business community for more than 70 years. From real estate to manufacturing, import/export and high-tech to retail and the service industry, we have experience in virtually every sector of the Canadian economy. Committed to professionalism and excellence in personalized service, we adapt to the changing needs of every client. Quite simply, we put our clients first.

  • Norgaard Neale Camden joins Collins Barrow

    Victoria, B.C – Norgaard Neale Camden Ltd., one of the largest locally owned and operated accounting firms in Victoria, B.C., has joined Collins Barrow. Now operating as Collins Barrow Victoria Ltd., the firm is part of an expanding network of 25 independent member firms across Canada.

The Latest at Collins Barrow Montréal

  • Streamlined and OVDP Update

    U.S. persons looking to catch up on required U.S. income tax filings may now be able to take advantage of an updated set of “taxpayer friendly” rules introduced in June 2014: the Streamlined Filing Compliance Procedures (Streamlined Program), and the Offshore Voluntary Disclosure Program (OVDP). These programs are integral parts of the ongoing Internal Revenue Service initiative to encourage U.S. taxpayers, particularly those located outside the U.S., to become compliant.

    Planning Considerations When Selling the Farm

    There comes a time eventually when every farm will need be sold. Often, farms are sold by the owner’s choice, upon retirement or to transfer to the next generation. In other cases the sale is forced, as in the case of death, disability or financial difficulty. Whether the sale is made to the neighbour down the road or to the farmer’s children, perhaps at less than fair market value, planning is necessary to ensure the sale takes place in a tax-efficient manner. A farm owner has several options.

  • Income Tax Considerations in Structuring Real Estate Transactions with Life Interest

    A life interest in real estate provides an exclusive right to use a property during the lifetime of the holder of the interest. Often, an individual will incorporate a life interest on a transfer of a property by way of gift to a relative in order to ensure that the individual has use of the property during their lifetime, to know for certain who will own the property when they die, and to avoid probate fees upon death.

    Collins Barrow Toronto launches SR&ED tax recovery practice

    Toronto, ON – Collins Barrow Toronto launches its Scientific Research and Experimental Development (SR&ED) tax recovery practice. Led by the firm’s newest director, Dale Wilson, the group is comprised of senior industrial engineering specialists and specialized tax accountants working to ensure companies maximize investment tax credit benefits.

  • Deadline for Continuing Under the NFP Act

    Effective October 18, 2014, the Director of Corporations Canada has the legal authority to dissolve any corporation initially incorporated under the then Canada Corporations Act for failure to transition to the Canada Not-for-profit Corporations Act (NFP Act). The good news is that corporations that have not transitioned as of October 17, 2014 will not automatically be dissolved as of that date. Rather, steps will need to be taken by Corporations Canada that are intended to ultimately lead to dissolution.

    Collins Barrow partner joins BC mining company board

    Chatham, ON – The Managing Partner of our Chatham-Kent office, Collins Barrow’s Bill Loucks, CPA, CA, CFP, has been appointed to the board of Highbank Resources Ltd. (TSX.V:HBK) of British Columbia, an aggregate exploration and development company. In addition to overseeing Chatham consulting services, Mr. Loucks brings more than 20 years of experience to the role as a former long-serving director of Collins Barrow’s National Board and of Chatham-Kent Hydro Inc

    Application of GST/HST to Condominium Fees

    Provinces have legislation that allows for the creation of not-for-profit entities to collect fees from owners of certain real property to pay expenses for the upkeep and maintenance of the property. These entities are often known as condominium corporations. The issue then arises as to whether or not GST/HST applies to the fees being charged.