Tax

Estate Planning

How life insurance dispositions are taxed

Tax reporting requirements for various dispositions

By Kevin Wark |October 13, 2017

5 min read

Estate Planning

When to hire a professional executor

Find out

By James Dolan |October 13, 2017

4 min read

Industry

Canadians face unfair income tax penalties: report

The tax bite is the worst for lower-income Canadians and small business owners.

By Staff |October 12, 2017

2 min read

Industry

Which tax tools require DTC eligibility?

The Income Tax Act includes a number of financial planning tools for disabled individuals

By David Truong |October 10, 2017

4 min read

Tax News

Finance’s proposal would overturn settled law: lawyer

The comment period for Finance’s proposed tax changes for businesses is officially closed, and Finance Minister Bill Morneau says he’s open to making changes to the proposal. Read: Urgent: Talk to business clients ahead of income sprinkling measures While critics contend the proposal hurts middle-class business owners, it could also overturn decades of settled law. […]

By Staff |October 6, 2017

1 min read

Industry

Industry still waiting for best interest clarity

At the National Institute on U.S.-Canadian Securities Litigation in Toronto this week, regulators and litigators discussed industry developments. Best interest standard at a standstill? Panellists expressed concern about the best interest standard’s regulatory uncertainty and unintended consequences for advisors and firms’ business models. For example, the OSC needs to clarify the difference between a best […]

By Michelle Schriver |October 5, 2017

3 min read