Liberals pitch guaranteed paid leave for parents in child’s first year
The party also promised to enhance the Canada Child Benefit by 15% for parents of children under the age of one
Latest news in Tax News
Conservatives pledge RESP boost
The party would raise the Canada Education Savings Grant amount to 30% on annual contributions
- By: Rudy Mezzetta
- September 17, 2019 September 17, 2019
- 12:29
Conservatives promise to bring back children’s fitness, arts tax credits
Parents would receive a 15% refundable tax credit on eligible expenses
- By: Rudy Mezzetta
- September 16, 2019 September 16, 2019
- 16:45
Green Party targets tax loopholes, bank profits as well as carbon emissions
The platform, released Monday, calls for changes to corporate taxes, capital gains and employee stock options
- By: Mark Burgess
- September 16, 2019 September 16, 2019
- 14:24
Conservatives promise tax relief for transit users
The Liberals eliminated the 15% credit introduced by the previous Conservative government
- By: Rudy Mezzetta
- September 13, 2019 September 13, 2019
- 16:45
EI premiums decline again for 2020
The lower rate offers relief to business owners
- By: Staff
- September 13, 2019 September 13, 2019
- 16:35
IRS provides tax relief for certain U.S. expats
If cross-border clients meet the strict requirements and comply, they'll pay no U.S. tax
- By: Michelle Schriver
- September 13, 2019 September 13, 2019
- 12:52
Finance gives ETFs a year’s reprieve on controversial tax proposal
Draft legislation concerning the “allocation to redeemers” methodology extends the capital gains-related timeline for ETFs
- By: Melissa Shin
- August 23, 2019 August 23, 2019
- 11:40
Avoiding TOSI by meeting the excluded shares exemption
CRA provides examples of how the gross business income test is applied
- By: Michelle Schriver
- August 16, 2019 August 16, 2019
- 13:58
Breaking down the government’s proposed IPP changes
How Finance’s draft legislation could impact clients
- By: Lea Koiv and William C. Kennedy
- August 7, 2019 August 22, 2019
- 14:00
Feds’ stock option changes should include income test: C.D. Howe
The rules should go further to ensure wealthy Canadians don't benefit, a report says
- By: Staff
- August 2, 2019 August 2, 2019
- 12:29
IFIC calls for end to federal sales tax on mutual funds in RRSPs
The recommendation was part of the organization’s pre-budget submission
- By: Staff
- August 1, 2019 August 1, 2019
- 17:33
Feds consulting on annuities, tax changes affecting funds
The Liberals introduced draft legislative proposals on several measures from the 2019 budget
- By: Staff
- July 30, 2019 July 30, 2019
- 15:55
Federal Court dismisses FATCA charter challenge
The judge said the affected people have only a limited expectation of privacy in their banking information
- By: The Canadian Press
- July 22, 2019 July 22, 2019
- 16:42
CRA updates tax folios, provides guidance on caregiver credits
One document addresses the tax on split income
- By: Rudy Mezzetta
- July 5, 2019 July 5, 2019
- 16:55
BMO Nesbitt Burns cites feds’ proposed tax changes as it closes funds
New rules would prevent funds from using derivative transactions to convert ordinary income into capital gains
- By: Mark Burgess
- June 28, 2019 June 28, 2019
- 14:44
CRA announces prescribed interest rates for third quarter
The rate increased for corporate taxpayers’ pertinent loans or indebtedness
- By: Staff
- June 27, 2019 June 27, 2019
- 15:04
New Democrats pledge higher taxes on capital gains, corporations and the wealthy
A C.D. Howe report says a "wealth tax" may not be the best way to tackle inequality
- By: Mark Burgess
- June 20, 2019 June 20, 2019
- 11:31
Corporate tax gap could be costing more than $11B
The gap is the biggest in a CRA series of studies
- By: Staff
- June 18, 2019 June 18, 2019
- 13:19
Morneau to move ahead with stock option limit
The rules will not apply to options granted by Canadian-controlled private corporations
- By: Mark Burgess
- June 18, 2019 June 18, 2019
- 12:32
Federal panel calls for ‘super’ tax credit for green investments
The report says regulatory changes are needed to combine environmental goals and economic growth
- By: Staff, with files from The Canadian Press
- June 14, 2019 June 14, 2019
- 12:57
Tax issues when Canadians have U.S. executors
Tips to avoid cross-border complications
- By: Max Reed
- June 13, 2019 June 13, 2019
- 16:00
CRA talks TOSI at STEP Canada roundtable
The agency also warned about anti-avoidance rules
- By: Michelle Schriver
- June 10, 2019 June 10, 2019
- 13:53
Harvest to close ETF
The banks and buildings ETF will delist July 31
- By: Staff
- May 29, 2019 May 29, 2019
- 10:59
Advisory committee says disability tax credit should be refundable
The program doesn't currently offer enough help to those too poor to pay income tax, a report says
- By: Rudy Mezzetta
- May 24, 2019 May 24, 2019
- 16:49