Tax agency releases underused housing tax self-assessment tool
Broad estimates and generous assumptions may mean the APP is less viable than it seems
New 60% rate for donations below $200 takes effect this year
The Canada Revenue Agency's extended deadline to file a UHT return and pay any tax is approaching
Interest rate Canadians must pay on overdue tax will remain 9%
Canadians making above $300,000 to contribute 98% of total AMT
Ineligibility for the basic exemption disadvantages commonly used structures
Property transferred to an adult child is presumed to be in trust unless proven it was intended as a gift
Advisors see opportunities as the account grows in popularity
The acquisition adds to CI's ultra-high-net-worth business