These fixed-income mutual funds use complex derivative strategies to “recharacterize” income
New rules might be viewed as a “piling on” of complex tax legislation that would be difficult to navigate
Source: The Canadian PressManitoba is getting rid of its small business tax.Businesses in the province will save more than $422 million annually when the tax measures are combined with tax cuts previously announced by the government.Finance Minister Rosann Wowchuk credited small businesses for their contributions to Manitoba.She says they invest in the economy, grow communities, […]
Canada must improve weak productivity and address health-care spending
Measures would allow CRA to ask Swiss for info about Canadian taxpayers suspected of hiding income
Canada Revenue Agency officials continue to debate what some view as “excessive” interest deductions
The feds continue to implement changes that were recommended by an advisory panel in 2008
Newfoundland and Labrador’s declining personal income tax rate reveals a much healthier provincial balance sheet
Some of the rules that were accepted wisdom no longer apply; traditional “bonus down” plan is not always the best approach
There is a concern relating to certain product designs that could be leaving some taxable income on the table