In this special feature: why estate taxes may rise; unwinding 10/8s; your American clients and the IRS; the new, more aggressive CRA; a yearend checklist; and much more from the Mid-October 2013 issue of Investment Executive newspaper.
October 14, 2013Changes announced in the spring budget mean the tax gap between dividends and wages for small businesses will narrow
Tax specialists say the effort to encourage new donors will have limited application for most clients. The new "supercredit" applies only to those who have not claimed a charitable donation on their income taxes in the past
The long arm of U.S. tax law will hit next summer when FATCA, the U.S. legislation that targets Americans with money in accounts held outside the U.S., comes into effect. Many Americans living in Canada are worried
In line with a major initiative by the OECD, Canada is signalling a significant crackdown on "treaty shopping" by global companies. But experts note that the government could go too far and discourage foreign investment
Several recent court cases suggest that the CRA is becoming much more aggressive and that the judicial system is stepping in to play a bigger role in protecting taxpayers' rights
Be sure to make your clients aware of the key tax-saving opportunities available to them. Point out the attractive tax measures that are new this year - such as the enhanced contribution limit to the TFSA - and how to make use of them
With these life insurance-backed, tax-friendly investing structures no longer permitted, clients need help with next steps
Three provinces - British Columbia, Quebec and Nova Scotia - raised personal income tax rates for high-income individuals, while New Brunswick raised personal income tax rates for all taxpayers in that province
Income taxes on estates and other testamentary trusts are likely to rise, creating situations that many clients may not have expected. But tax planning opportunities remain
The federal government's most recent budget aims to eliminate the tax advantages of 10/8s and leveraged insurance contracts, as well as tax-efficient mutual funds that convert interest income to capital gains, among other measures
The 2025 ETF Guide provides a snapshot of how these products are evolving, from industry-wide trends to regulatory changes, along with some of this year’s…
Everything financial advisors need to know about this year’s federal budget
Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
Disability insurance, annuities and much more