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Conservatives would expand disability tax credit eligibility

The proposal would lower the threshold for the credit, allowing 35,000 more people to qualify

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Liberals target wealthy with luxury tax

The party also promised to prevent businesses from excessively reducing taxes by deducting debt from their earnings

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Tories, Grits pledge help for green renos

Both parties say they’ll help voters pay for improvements to their homes

A happy ending for another Form T1135 debacle

A Tax Court judge found the CRA was overzealous in issuing a penalty for late filing


Tax changes looming for employees receiving stock options

Help clients navigate the new rules

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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

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Conservatives pledge RESP boost

The party would raise the Canada Education Savings Grant amount to 30% on annual contributions


Conservatives promise to bring back children’s fitness, arts tax credits

Parents would receive a 15% refundable tax credit on eligible expenses

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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 25, 2019
  • 14:24
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Conservatives promise tax relief for transit users

The Liberals eliminated the 15% credit introduced by the previous Conservative government

EI premiums decline again for 2020

The lower rate offers relief to business owners

  • By: Staff
  • September 13, 2019 September 13, 2019
  • 16:35
Tax forms

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

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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

Luthier in workshop

Avoiding TOSI by meeting the excluded shares exemption

CRA provides examples of how the gross business income test is applied

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Breaking down the government’s proposed IPP changes

How Finance’s draft legislation could impact clients

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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
Parliament buildings at sunset

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
Parliament Hill building closeup in Ottawa, Canada

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
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Federal Court dismisses FATCA charter challenge

The judge said the affected people have only a limited expectation of privacy in their banking information

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CRA updates tax folios, provides guidance on caregiver credits

One document addresses the tax on split income

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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

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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
Parliament Hill building closeup in Ottawa, Canada

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

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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