BoC to hike rate to 4%, 22-23 federal deficit to drop below $26 billion: PBO
The Parliamentary Budget Officer updated its revenue projections for the Canada Recovery Dividend and the surtax on banks and insurers
Draft legislation includes expanded SBD access, definition of substantive Canadian-controlled private corporation
Department of Finance releases details today that outline the age limit and allow unused contribution room to be carried forward
The legislation also covered changes to RRSP and RRIF reporting, charity disbursements and more
However, the bank and insurer surtax remains at 1.5% for profits over $100M
The Liberal government is moving ahead with tax proposals
Draft regulations, to be released shortly, will provide some relief to certain vehicle manufacturers
Luxury tax and increased eligibility for the disability tax credit are now law as Bill C-19 passes
Firms face tight deadline to launch new registered plan next year