Budget 2022
2022 Federal Budget Insights and Analysis
Learn what Budget 2022 means for your business and get insights from our industry-leading experts.
Cybersecurity
Cybersecurity in Canada
This report examines cybersecurity in Canada by outlining immediate and imminent threats to your organization and offering guidance on how to defend your assets.
On May 26, 2016, the Canada Revenue Agency (CRA) announced that it will consider Florida and Delaware limited liability limited partnerships (LLLPs) and US limited liability partnerships (LLPs) to be corporations for Canadian tax purposes. Presumably, other LLPs and LLLPs will be treated similarly. Recently, US LLLPs and LLPs have been used by Canadians as a common structure for investing in US real estate. The CRA’s new administrative position may make investments into US LLLPs or LLPs by Canadians unattractive, and may require additional planning for those who currently hold an interest in a US LLLP or LLP.
Find out more about the CRA's new position on US LLLPs and LLPs. [ 85 kb ]