Tax

Small business tax regime almost ‘unworkable’

Ottawa’s changes to the private corporation and small business tax rules have made the new regime so complex that it’s almost unworkable, tax experts said at a conference panel Monday. Speaking at the Society of Trust and Estate Practitioners’ annual conference in Toronto, panelists said rules around associated corporations, arm’s-length individuals and various carveouts make […]

By Simon Doyle |June 13, 2017

3 min read

Industry

CRA seeks comment on proposed changes to VDP tax program

Diane Lebouthillier, minister of national revenue, has launched an online consultation to get commentary from Canadians on CRA's proposed changes to tighten its Voluntary Disclosures Program (VDP)

By Staff |June 12, 2017

2 min read

Tax News

Understanding the new T1135

Updated for 2017

By Frank Di Pietro |June 12, 2017

6 min read

Tax News

Self-employed and HNW clients less likely to pay their taxes: CRA

CRA looks to crack down on the tax gap

By Staff |June 7, 2017

2 min read

Advisors weak on tax management, investor survey says

Advisors have some tax management work to do for clients, according to a new survey of investors. Natixis Global Asset Management surveyed 500 Canadian investors in April about their tax planning needs, including 329 investors who use financial advice. The results weren’t encouraging, with 46% saying their financial advisor has never discussed the impact of […]

By Staff |June 6, 2017

2 min read

Bullish on Europe? The region leads corporate tax reductions

Most countries reducing their corporate income tax rates are European, Ernst & Young says in a new global survey and tax outlook. Of the 50 countries surveyed, 40 report no change or anticipated change to their national headline corporate income tax rate in 2017, Ernst & Young says. But nine nations reported laws passed to […]

By Staff |June 1, 2017

1 min read

Tax

Small business tax regime almost ‘unworkable’

CRA seeks comment on proposed changes to VDP tax program

Understanding the new T1135

Self-employed and HNW clients less likely to pay their taxes: CRA

Do new housing measures ‘distort the market’? Experts are split

Advisors weak on tax management, investor survey says

Bullish on Europe? The region leads corporate tax reductions

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