Tax planning – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Wed, 13 Dec 2023 15:55:31 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Tax planning – Investment Executive https://www.investmentexecutive.com 32 32 Facing high probate tax, Nova Scotians can’t use dual wills to escape https://www.investmentexecutive.com/newspaper_/comment-insight/facing-high-probate-tax-nova-scotians-cant-use-dual-wills-to-escape/ Mon, 11 Dec 2023 05:07:00 +0000 https://www.investmentexecutive.com/?p=476583 Province tops Canada with 1.7% probate tax on the value of an estate

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]]> Feds make two key changes to family business transfer rules  https://www.investmentexecutive.com/news/from-the-regulators/feds-make-two-key-changes-to-family-business-transfer-rules/ Thu, 07 Dec 2023 20:54:46 +0000 https://www.investmentexecutive.com/?p=476916 Bill C-59 addresses issues flagged in the draft legislation

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]]> CRA’s 10% interest rate on overdue tax raises risks https://www.investmentexecutive.com/news/from-the-regulators/cras-10-interest-rate-on-overdue-tax-raises-risks/ Mon, 13 Nov 2023 05:09:00 +0000 https://www.investmentexecutive.com/?p=474692 Proposed legislation extends reassessment period

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]]> Year-end compensation planning https://www.investmentexecutive.com/inside-track_/jamie-golombek/year-end-compensation-planning/ Wed, 25 Oct 2023 19:00:29 +0000 https://www.investmentexecutive.com/?p=473984 Help your business-owner client seize the opportunity to defer tax

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]]> Inflation to trigger another rise in TFSA limit https://www.investmentexecutive.com/news/from-the-regulators/inflation-to-trigger-another-rise-in-tfsa-limit/ Tue, 17 Oct 2023 19:59:05 +0000 https://www.investmentexecutive.com/?p=473395 Next year’s contribution amount can be calculated using CPI data released Tuesday

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]]> Students could consider FHSAs https://www.investmentexecutive.com/inside-track_/jamie-golombek/students-could-consider-fhsas/ Wed, 20 Sep 2023 20:20:31 +0000 https://www.investmentexecutive.com/?p=471993 Go to the head of the class with these tax tips

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]]> FHSAs find their footing as more firms launch accounts https://www.investmentexecutive.com/newspaper_/news-newspaper/fhsas-find-their-footing-as-more-firms-launch-accounts/ Fri, 18 Aug 2023 17:00:22 +0000 https://www.investmentexecutive.com/?p=470261 Advisors see opportunities as the account grows in popularity

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]]> CRA releases death-related FHSA forms https://www.investmentexecutive.com/news/products/cra-releases-death-related-fhsa-forms/ Thu, 10 Aug 2023 20:21:24 +0000 https://www.investmentexecutive.com/?p=469917 The agency will also be releasing a consolidated T4 slip for FHSA account holders

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]]> CRA releases revised form for mandatory tax disclosures https://www.investmentexecutive.com/news/from-the-regulators/cra-releases-revised-form-for-mandatory-tax-disclosures/ Thu, 27 Jul 2023 21:16:37 +0000 https://www.investmentexecutive.com/?p=469369 Expanded reporting regime is intended to help the CRA fight aggressive tax planning

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]]> Updated GAAR guidance could boost reporting under expanded mandatory disclosure rules https://www.investmentexecutive.com/news/industry-news/updated-gaar-guidance-could-boost-reporting-under-expanded-mandatory-disclosure-rules/ Wed, 12 Jul 2023 14:44:06 +0000 https://www.investmentexecutive.com/?p=468630 Advisors will need to consider whether to report transactions even if they're not required to

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