Tax

Economic Indicators

Canada tops G7 for ease of paying taxes: report

But that position may slide with the federal government's proposed tax changes

By Staff |December 14, 2017

2 min read

Estate Planning

Let clients know about these will restrictions

When the courts may interfere with a testator’s succession plan

By Keith Masterman and Asha Sivarajah |December 13, 2017

3 min read

Tax News

Feds clarify income sprinkling proposal

There are now bright-line tests to determine who's exempt from TOSI

By Staff |December 13, 2017

4 min read

Estate Planning

Asking clients these 10 questions can help reduce tax

Don't forget to discuss these year-end tax saving strategies with clients

By Staff |December 12, 2017

3 min read

CRA investigation leads to tax evasion sentence for B.C. developer

A B.C. resident pleaded guilty Friday to tax evasion under the Excise Tax Act after a CRA investigation found she had forged a Residential Tenancy Agreement (RTA). Harpreet Kaur Sidhu of Burnaby, B.C., was sentenced to 12 months probation and fined $42,950—the amount of GST/HST she tried to evade, CRA said in a release. Sidhu […]

By Staff |December 11, 2017

1 min read

CFIB pushes provincial ministers to seek income sprinkling delay

Canada’s small business lobby is calling on provincial finance ministers to push the feds to delay new income sprinkling rules set to go into effect Jan. 1. As provincial ministers gather in Ottawa to meet with federal Finance Minister Bill Morneau, the Canadian Federation of Independent Business (CFIB) wants them to pass on the call […]

By Staff |December 11, 2017

2 min read

CRA gets “C” for satisfactory: CFIB

Small businesses are clearly underwhelmed by CRA. The Canadian Federation of Independent Business (CFIB) gives the agency a C-grade in its latest report card. The grade hasn’t improved since the federation’s last report card in 2015. Read: CRA’s 2018 maximum pensionable earnings and other numbers “In recent years, the CRA has made efforts to improve […]

By Staff |December 7, 2017

2 min read

Tax

Canada tops G7 for ease of paying taxes: report

Let clients know about these will restrictions

Feds clarify income sprinkling proposal

Asking clients these 10 questions can help reduce tax

CRA investigation leads to tax evasion sentence for B.C. developer

CFIB pushes provincial ministers to seek income sprinkling delay

CRA gets “C” for satisfactory: CFIB

CRA’s 2018 maximum pensionable earnings and other numbers

What’s missing in marginal effective tax rate estimates: report

CRA confirms TFSA limit for 2018