The province has enough money to balance the 2022-23 budget, says Finance Minister Donna Harpauer
Here’s the status of proposals that matter to your clients
Such scenarios are becoming increasingly common as estate sizes increase, a Vancouver lawyer suggests
Draft legislation includes expanded SBD access, definition of substantive Canadian-controlled private corporation
Department of Finance releases details today that outline the age limit and allow unused contribution room to be carried forward
The legislation also covered changes to RRSP and RRIF reporting, charity disbursements and more
However, the bank and insurer surtax remains at 1.5% for profits over $100M
The Liberal government is moving ahead with tax proposals
The agency will be sending e-notifications to thousands of Canadians
Help clients prioritize the most tax-efficient assets
Report from the parliamentary budget officer also finds that Canada's debt level is sustainable over the long term
The agency has processed 29.1 million tax returns so far this year
As rates rise, opportunity to achieve tax savings via a family loan strategy narrows
Draft regulations, to be released shortly, will provide some relief to certain vehicle manufacturers
Here's a list of consultations and pending draft legislation on key tax proposals
The agency released its first report on Canada's overall tax gap
Here’s the status of proposals that matter to your clients
Luxury tax and increased eligibility for the disability tax credit are now law as Bill C-19 passes
Beginning next month, the minimum rate that can be charged on such a loan will double
Creditor account protection across Canada is a jurisdictional maze
Firms face tight deadline to launch new registered plan next year
The Finance committee also proposed an amendment to DTC eligibility in the budget implementation bill
Parliamentary Budget Officer estimates the tax will reduce vehicle sales by a much greater amount, however
In an income tax folio, the Canada Revenue Agency clarified its position on settlement amounts and registered plans
The federal budget proposed increasing the level of taxable capital at which a business can still access the small business rate