Draft legislation includes expanded SBD access, definition of substantive Canadian-controlled private corporation
The federal budget proposed increasing the level of taxable capital at which a business can still access the small business rate
Profits on sale of residential property held for less than 12 months would be taxed as business income
New tax on the ultra wealthy would include ``unrealized gains''
New allocation to redeemers formula was proposed in draft legislation released earlier this month
ETFs were exempt until this week from a change to the allocation to redeemers methodology, but new legislation hasn't been introduced
A recent court case illustrates the taxpayer troubles that can arise when selling a residence
Securities donations including stocks, bonds and mutual funds rose by 52% in the past year, CanadaHelps says
Many pending taxation issues were not addressed in Tuesday's fiscal update, however
Surging markets and charities in need create a planning opportunity