Golombek: Tax ruling on air rewards plan has great implications
- By: Jamie Golombek
- July 8, 2010 January 21, 2018
- 07:16
Government also allocates $60 million toward free financial advice
Central bank digital currencies will be classified separately, but also have new reporting standards
Government keeps $40-billion deficit from rising in annual budget
The new verification process will be more convenient, but not all taxpayers will benefit
Qualified investments review could lead to lower costs for investors but also restrictions
Higher new rate applies on gains above $250,000 for individuals, and all gains realized in corps and trusts
Individuals can claim 80% of donation tax credit, up from previously proposed 50%
Crypto platforms get until Oct. 31 to meet CSA's interim rules