Tax group asks feds to allow deemed sales ahead of capital gains change
Taxpayers have been given too little time to plan next steps, CBA-CPA joint committee says
- By: Rudy Mezzetta
- May 6, 2024 May 6, 2024
- 14:44
Taxpayers have been given too little time to plan next steps, CBA-CPA joint committee says
The event also raised new questions about the company's succession plan
Incorporated professionals must consider deferral, dividends and deductions
Bank says it's working to strengthen its anti-money laundering program
Also, BDO releases AI for wealth management
The penalty is for five violations during a review between March 2022 and March 2023: Fintrac
GWL's AUM dips below $1 trillion after Putnam sale
Forecasters widely expect the Bank of Canada to lower its policy rate in June or July
Board says inflation has remained stubbornly high in recent months
Undergrad's intimidation changed to interest with Women in Asset Management program
The changes are expected to come in a separate piece of legislation
Determining how long the client was going to hold the asset is an important factor in the decision
FHSA holders may trigger tax when they overcontribute or hold non-qualified investments
The agency could extend reassessment period if a taxpayer is issued a notice of non-compliance
Inflation, higher interest rates add to the financial challenges
Some members thought bank should take its time; others were concerned about keeping interest rates high for too long
Desjardins says the transaction "does not call into question our business relationship with Fiera"
Prescribed rate to dip as inflation eases
While financial advisors are still subject to the rules, the budget change could undermine lawyers' Charter challenge of the regime
Only a matter of time before equity deals on pipelines are announced, says RBC top exec McKay
Returns affected by high inflation and interest rates, geopolitics, chief executive says
April 30 deadline looms for 2022 and 2023 UHT returns
Move mirrors announcement from the federal budget tabled Tuesday
PBO said the costs to administer the UHT could "significantly reduce" revenue generated
Some banks, but not all, have amended their procedures