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DFK Tax Digest
2022 Issue One

March 17, 2022

DFK Tax Digest - 2022 Issue One

In this DFK Tax Digest – 2022 Issue One:

  • Luxury Tax Update – insight into the 2021 Federal Budget which introduced a new ‘Luxury Tax’ on luxury goods, how the tax is calculated, and a look at the compounding affect of the new tax in some provinces.
  • COVID-19 Recovery Subsidies for Businesses – reviews the reduction of federal support programs available to Canadian businesses and the more targeted programs that have come into place including the Tourism and Hospitality Recovery Program (“THRP”), the Hardest-Hit Business Recovery Program (“HHBRP”), and the Local Lockdown Program (“LLP”).