Tax cuts required for a more competitive Canada, say separate reports from the Investment Industry Association of Canada, C.D. Howe Institute
CRA continues to 'assess its financial position,' committed to 'high-quality service': spokesperson
CRA provides more time to issue tax slips, corporations no longer get penalty relief
Basic personal amount would increase, and small biz tax rate would drop while threshold would increase to $700K
CRA highlights AMT, capital gains, Canada carbon rebate and more
Some employees may have larger deductions using detailed method relative to temporary flat-rate method
CRA is “trying to have it both ways,” legal counsel says
Updates related to home office expenses aim for simplicity
Finance releases draft legislation, adds to tax-filing uncertainty
Non-compliance results in denial of expense deductions, raising taxable income