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Intuit Consumer Tax Group headquarters in San Diego (where TurboTax is developed) TurboTax is a software package for preparation of American and Canadian income tax returns, produced by Intuit. TurboTax is a market leader in its product segment, competing with H&R Block Tax Software and TaxAct. [1]
Intuit Canada continued to update and support the WINTAX software, which was renamed QuickTax in 1995 and then renamed TurboTax in 2010. Intuit Canada quickly became the hub for international development at Intuit, producing localized versions of Quicken and QuickBooks for Canada (in French and English) and the United Kingdom. The U.K. version ...
Later, WinTax was acquired by Chipsoft, which in turn was acquired by Intuit Inc., becoming Intuit Canada. Johnson became CEO of Intuit Canada (and the associated UK operations) during his time with the company. He left his position as CEO in 2004, and has since ventured into several local technology start-ups.
[19] [20] In 2018, State Farm Canada was officially rebranded to Desjardins Insurance through Desjardins Insurance Agents. [21] The whole transition was completed in 2019. [22] On May 28, 2023, the company announced it would stop issuing new home insurance policies in California due to wildfire risks and surging construction costs. [23]
Canada levies personal income tax on the worldwide income of individual residents in Canada and on certain types of Canadian-source income earned by non-resident individuals. The Income Tax Act , Part I, subparagraph 2(1), states: "An income tax shall be paid, as required by this Act, on the taxable income for each taxation year of every person ...
Addax was one of 9 Canadian Fortune 2000 oil and gas companies in 2009. It was acquired by Sinopec for C$8.27 billion in June 2009 and approved by the Chinese government on August 12 that year. ATI Technologies: Advanced Micro Devices: United States: ATI was Canada's graphics chip maker, acquired by Advanced Micro Devices in July 2006. Canadian ...
In 2015, Desjardins Insurance acquired the Canadian operations of U.S. based insurer State Farm, [1] which made Desjardins the second largest property and casualty insurer in Canada and the largest in Ontario. [2] This acquisition almost doubled the company's premiums, increasing from 2 billion to 4 billion. [3]
(b) The person is considered under the taxation law of the other Contracting State to have received the amount from an entity that is a resident of that other State, but by reason of the entity being treated as fiscally transparent under the laws of the first-mentioned State, the treatment of the amount under the taxation law of that State is ...
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