Income tax

Liberals propose 15% minimum tax on highest earners Fallback Image Decorative pattern

Tax News

Liberals propose 15% minimum tax on highest earners

The party platform also calls for a new financial sector ombudsperson with binding arbitration power

By Mark Burgess |September 1, 2021

4 min read

Liberals target banks, insurers with tax hike on profits over $1 billion Fallback Image Decorative pattern

Tax News

Liberals target banks, insurers with tax hike on profits over $1 billion

Big financial institutions would also have to pay a pandemic recovery dividend

By Mark Burgess |August 25, 2021

2 min read

NDP pledges to raise top marginal tax rate, capital gains inclusion rate Fallback Image Decorative pattern

Tax News

NDP pledges to raise top marginal tax rate, capital gains inclusion rate

The corporate tax rate would also go to 18%

By Melissa Shin |August 12, 2021

3 min read

Will CRA challenge small biz transfers that use Bill C-208? Will CRA challenge small biz transfers that use Bill C-208?

Tax News

Will CRA challenge small biz transfers that use Bill C-208?

Tax experts argue that aggressive transfers could be penalized under the general anti-avoidance rule

By Rudy Mezzetta |July 27, 2021

3 min read