Big Congratulations to Mint Cleaning Products!
RLR was proud to support dynamic Island entrepreneurs Mint Cleaning Products on their journey—right from the beginning, all the way to cleaning up on Dragon’s Den! Their hard work, determination, and willingness to take bold steps forward have paid off in a big way. What started as two women in Ucluelet with a passion for…
March 24, 2025
Capital Gains: What you need to know
When it comes to owning land, property, or investments, one term that often surfaces is “capital gains.” Understanding the taxation of capital gains is important for anyone involved in the buying and selling of assets (such as real estate), investments, or for those owning and operating a business. In Canada, capital gains are a significant…
June 5, 2024
New Tax Rules for 2023: Bare Trusts Face Unexpected Reporting Requirements and Penalties – UPDATE
UPDATE: CRA exempts bare trusts from trust reporting requirements for 2023 tax year.
Read the CRA Announcement: March 28, 2024: Bare trusts are exempt from trust reporting requirements for 2023
March 8, 2024
New Trust Reporting Requirements – Bare Trusts are Caught
Almost all trusts must now file a T3 Trust Income Tax Return, regardless of activity or income. The filing deadline is April 2, 2024, and a failure to file may result in penalties and unfavourable tax implications. Notably, “bare trusts” are caught by the new rules. Bare Trusts In fairly simple terms, a bare trust…
February 28, 2024
RLR Lawyers welcomes Heather White to the Nanaimo office
RLR is delighted to welcome Heather White to our Nanaimo office. Heather is both a solicitor and a litigator. Her practice focuses on assisting clients primarily in real estate law and business law, including corporate and commercial law, with a particular interest in contracts. You can find Heather’s contact information and learn more about her…
July 20, 2022