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Truckers Still Able to Cross Canada-US Border: FAST Cards Are Critically Important

March 21, 2020 / by / in Uncategorized / 0 comments

Source: Canada US Link: Truckers Still Able to Cross Canada-US Border: FAST Cards Are Critically Important At midnight on March 20, 2020, in an attempt to control the spread of COVID-19/coronavirus pandemic, Canada and the United States closed their shared border to non-essential travel for a period of thirty (30) days (which can be extended to a l

COVID-19 and the Trade Community

March 18, 2020 / by Derek Brett / in Uncategorized / 0 comments

Source: Canada US Link: COVID-19 and the Trade Community There are a bunch of other things going on when it comes to international trade, but the most concerning topic right now is the coronavirus or COVID-19. From a purely business continuity perspective, we are receiving lots of inquiries around the following question: “Can we get out of ou

Canadian Lawyer Magazine & Vitaly Timokhov: Killing the golden goose

March 10, 2020 / by / in Tax Law / 0 comments

Source: Tax Law Link: Canadian Lawyer Magazine & Vitaly Timokhov: Killing the golden goose Please see Vitaly Timokhov’s latest article for the February issue of Canadian Lawyer titled, “Tax Law Legal Report: Killing the golden goose,” where he discusses the recent 10% luxury-vehicle tax that the Liberals are pro

Accounting Principles: Part I

March 9, 2020 / by / in Tax Law / 0 comments

Source: Tax Law Link: Accounting Principles: Part I Accounting is the language of the world of finance and taxation. As with all languages, there are certain rules and conventions that we follow to make the language universally understandable and acceptable. We refer to these rules as concepts and principles, which also provide the foundation for c

US CBP is suspending NEXUS memberships for failure to report exports of vehicles

February 20, 2020 / by / in Uncategorized / 0 comments

Source: Canada US Link: US CBP is suspending NEXUS memberships for failure to report exports of vehicles We have recently become aware of 4 cases where individuals (mostly Canadians) have been notified that their NEXUS memberships have been cancelled by U.S. Customs and Border Protection (“US CBP”) because they failed to declare the exp