Technology

Taxes In Edmonton Are Complicated For Tech Companies

One of the most exciting industries today is in the field of technology. Over the past generation, we have seen a number of advances that have changed the way that we conduct business, view convenience, and even communicate. However, it is also among one of the most risky financial endeavors as well because timing to get to market can determine the difference between being first or following a competitor’s lead.

With the advances in 3-D printing, expansion of online communication and tools, the tech industry is not relegated solely to a cluster of similar enterprise in California’s Silicon Valley.

Now, innovation and production can occur anywhere and we are starting to see an increase in tech ventures in Alberta.

Tech business and online enterprise boast a tremendous earning potential but are also subject to a variety of issues, including income taxation in Canada and abroad, sales and withholding taxes and the liability to file returns. Should your business require the establishment of satellite offices and the recruitment and management of staff in remote locales, that can also create financial implications.

Rutwind Brar can also assist tech ventures with applications for cash grants and subsidies and optimize your success for tax credit programs for scientific research and experimental development which can reduce the cost of research conducted in Canada as opposed to other international jurisdictions.

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I can't say enough about the level of service I continue to receive from everyone at Rutwind Brar. I started working with Philip years ago and even now, he continues to make time for me when needed. The business we bring the firm is very small, yet still I receive all the help as if we were a high-level client. It's more important for us now than ever as non-residents, having someone looking after us as they do is invaluable. Thank you to the team at Rutwind Brar.
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Have been using the team at Rutwind Brar for a couple of years and have found them to be professional and very knowledgeable. Have suggested my friends and family use them and they've had the same dealings. Bravo team!!
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Great bunch of people, they do my personal taxes as well as the place where I work. Very friendly Staff.
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Came to Rutwind Brar and cannot be more pleased. Great service from the start to the finish. Recommend to all and reasonably priced overall. I’ve been to many accounting firms in the past, never felt so comfortable and taken care of- shout out to rajneet and sukhi!

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