Un monde
de compétences

Marcil Lavallée
promise

The Marcil Lavallée experience is expertise and ongoing support that go beyond accounting.

Whatever your business needs or challenges, the advice and explanations provided by our team of experts will enable you to make the right decisions with confidence.

By choosing our services, you give yourself peace of mind as well as more time to pursue your goals.

Company profile

40+years

in business

17

partners

100

employees

2

side of
the river

1

big
family

Our new cloud-based accounting services help you save time and grants you peace of mind

Expert advice

September 2024

It is not unusual for a shareholder of a corporation to use company funds to cover personal expenses, particularly in the case of small, owner-managed businesses.

September 2024

In June 2024, changes to the general anti-avoidance rule (GAAR) took effect. These changes strengthened the teeth of this tax anti-avoidance rule, expanding its scope and introducing a penalty for transactions that are found to breach the rule.

September 2024

Provinces and territories all over the nation have been tightening regulations for short-term rentals (for example, Airbnb rentals) due to the rising demand for housing, especially in cities like Montreal, Toronto, and Vancouver.

September 2024

Nowadays, a lot of people are using a side business or additional source of income to augment their primary income. The tax implications of these extra sources of income are frequently misunderstood or overlooked entirely.

August 2024

In April, as part of the Federal Budget, the Finance Minister announced a change to the capital gains inclusion rate from 50% to 66.67%, effective from June 25, 2024.

August 2024

The CRA recently announced that it is moving to the next phase of measures to recover COVID benefits that may have been incorrectly claimed.

Second Quarter 2025

Canadian Overview

Real Estate Expenses When Land Is Under Development

Real estate developers often face delays before they can deduct expenses. Most costs are capitalized during construction, but some can be deducted when incidental income is earned.

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