May Highlights

May Highlights

Welcome to the latest installment of Overheard at Crowe Soberman!???

In this edition, we cover navigating changes in capital gains inclusion rates due to Canada's 2024 Federal Budget, Toronto's exciting acquisition of a WNBA expansion team, adapting transfer pricing strategies in the wake of COVID-19, a behind-the-scenes look at our partner video shoot and more.?

Don't miss the opportunity to stay informed and inspired – subscribe now to stay in the loop.?


Recent Thought Leadership??

Capital Gains Inclusion Rates: Navigating Canada's 2024 Federal Budget Changes?? ?

Capital gains, the profits realized from selling assets like homes, investments, stocks, or bonds above their cost basis, are undergoing significant shifts due to the 2024 Federal Budget. Understanding the recent updates is crucial for many Canadians.?Prepare for the June 25, 2024, deadline by understanding how these changes may affect you. Read the article here. ?


Toronto Awarded WNBA Expansion Team ?

The W’s arrival in our city is a game-changer!?Toronto has been selected as the home for the next WNBA franchise, marking the league's first expansion outside the US. Scheduled to hit the court in 2026, this new team brings the total number of WNBA teams to 14, with plans to reach 16 by 2028.?We are thrilled to be a part of their journey and witness the ongoing impact on women’s sports. What makes our?Sports and Entertainment team different? Learn more here. ?


Adapting Transfer Pricing Strategies: Navigating the Impact of COVID-19 on Canadian Businesses ?

Amid the COVID-19 pandemic,?multinational corporations (MNCs)?faced challenges with transfer pricing regulations. Disruptions in supply chains and changes in consumer behavior affected profit distribution and pricing. Moving forward, MNCs must stay vigilant, reassess policies, and ensure compliance to navigate the evolving transfer pricing landscape.?Read more here. ?


Crowe Community??

Pride Month ?

June is pride month, and we’ve got lots of exciting things planned. Stay tuned for the continuation of our employee spotlight, the unveiling of our 2024 theme and a brand-new podcast series where we will amplify the diverse voices of our 2SLGBTQIA+ colleagues, clients, and allies.?Subscribe here to ensure you never miss an episode. ?

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Behind-the-Scenes of our Partner Video Shoot ?

We’ve been busy behind the camera filming new and improved bio videos for our Partners. Get a sneak peek of what’s to come over on our TikTok channel. ?

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End of Tax Season Party?

As April 30 marked the end of our busiest time of year, we celebrated with the whole team at our annual end of tax season party. We couldn't be more proud of everyone’s hard work and dedication to providing top-notch service to our clients. Another tax season successfully conquered!

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