The convergence of International Financial Reporting Standards (IFRS) with Canadian GAAP is here. As of January 1, 2011, all publicly accountable organizations will be required to comply with the new Canadian GAAP rules. Will this affect your business? Contact us if you have any questions.
Corporate Tax Rates
The small business income tax rate for 2010 on the first $500,000 of active business income in British Columbia is 13%.
The information in this article was current at 06 Dec 2011