Tax changes to income trusts announced by the federal government increase the need for income trusts to provide investors with more standardized and transparent information about management practices affecting cash distributions, say Canada’s Chartered Accountants.The Canadian Institute of Chartered Accountants (CICA) today issued guidance for income trusts that recommends standardized reporting of distributable cash in […]
Ruling potentially a modest credit positive for BCE, Telus
New tax will make it prohibitively expensive for small to medium-sized businesses to access capital markets
Businesses may not want to retain trust structure
Model portfolio still holds a market weight in trusts
Quebec’s Minister of Finance, Michel Audet, praised the federal government’s decision to tax income trusts.In a statement issued yestereday, Audet indicated that he is satisfied with the measures announced by federal finance minister, Jim Flaherty, to make the tax treatment of income trusts and public companies fair, correcting the bias in favour of the use […]
Certain funds face immediate consequences
Income splitting to benefit seniors, NPSCF says
Pension splitting initiative gets high marks
Association continues to lobby for lower taxes on capital