About

Zeifmans is a full-service tax, accounting and consulting firm based in Toronto, Canada, ranked as one of Canada’s top 20 firms by revenue. Beyond the traditional offering, our services include business advisory, valuation, corporate finance, transaction services, corporate turnaround and insolvency, and estate and succession planning, supporting our 9,000+ clients through every step of the business life cycle.

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Relief Provided from GILTI tax for US Expatriates

As part of the US tax reform in late 2017, US citizens who owned Canadian corporations which are CFCs were subject to a repatriation tax on an amount approximating the retained earnings of the corporation (i.e. commonly referred to as the Section 965 or transition tax) as well as a prospective tax on the earnings…

Online cannabis retail: Is Ontario failing small businesses?

The Alcohol and Gaming Commission of Ontario (AGCO) has recently announced that legal cannabis stores in the province will not be able to offer online retail services to their consumers[1]. In the Spring, the province is to see the first 25 retailers open their doors, and many more will likely follow suit once the province…

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