Everything you need to know about this year’s federal budget
July 24, 2024Everything you need to know about this year’s federal budget
July 24, 2024A company could face 60% tax on unintentional payout of excess amounts from its capital dividend account
IIAC and PMAC call for simpler requirements for investments held in TFSAs, RRSPs and more
Trusts must disclose pre- and post-June 25 gains or face negative tax consequences
The revised anti-avoidance rules represent a shift in the CRA’s approach
Funds can choose the option more favourable to fund holders — though detailed calculation comes with challenges
Budget implementation bills C-59 and C-69 received royal assent late Thursday
Clients may be able to use the $250,000 threshold over multiple years
June 25 is indeed the date that the hike will take place
Capital gains not flowed out to beneficiaries are "trapped" in the trust at death
Given several complicating factors, waiting until the last minute is a bad idea, tax experts say