Feigenbaum Law

business owners

FATCA

NAFTA

NAFTA Discussions Continue with Focus on the Automotive Sector

Ongoing NAFTA discussions resumed today, with a continued focus on the automotive sector. Canada’s Foreign Affairs Minister, Chrystia Freeland, met with U.S. Trade Representative Robert Lighthizer and Mexican Economy Minister Ildefonso Guajardo today,  told the media that she believes strongly that the rules of origin for autos in the highly integrated industry lie at the heart of the negotiations. Rules of Origin for Autos Freeland predicts that the parties getting these rules… Read More

PayPal

Corporate Tax Planning

CRA Plans to Use PayPal to Find Businesses That Underreport Income

The Canada Revenue Agency (CRA) continues to crack down on businesses that are not reporting all their income and is seeking help from mobile payment companies, including PayPal. Earlier this month, PayPal received a Federal Court Order requiring the company to disclose information to the CRA about PayPal Business account holders who have sent or received a payment through their accounts between January 1, 2014 and November 10, 2017. PayPal has 45 days from… Read More