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About the author: Jiyoon Kim
Jiyoon is a Senior Accountant here at RLB. She studied at the University of Waterloo, where she received a bachelor’s degree in accounting and financial management. Jiyoon also has her master’s in accounting and is fully CPA certified. She became an accountant because she has always had a love for math and enjoys interacting with people.

Tax Administrative Changes from Bill C-47

Tax Administrative Changes from Bill C-47
February 9, 2024
| Taxes

Bill C-47, Budget Implementation Act, 2023, No. 1 was enacted on June 22, 2023, after receiving Royal Assent. Bill C-47 outlines various tax measures such as the extended mandatory disclosure rules, extension of residential property flipping rule to assignment sales, and new reporting requirements for digital platform operators.

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