A personal representative (executor in some jurisdictions, estate trustee in Ontario, liquidator in Quebec) must deal with estate debts, potential claims against the estate and taxes when a loved one passes.
Adam Salahudeen has joined Richardson GMP as vice president of tax and estate planning. He will be working with company advisors, high net worth clients and business owners, offering tax expertise in income and asset protection, succession, insurance planning, and international tax structuring. Read: Richardson GMP names Vancouver branch manager Prior to this role, Salahudeen […]
Several provinces are cash-strapped, and are looking to collect more tax. Here are some tax considerations that could save your clients thousands. Discuss each as part of your year-end planning meeting.
Your wealthy clients will soon care even more about tax planning.
Making the buy-out of a deceased shareholder tax effective
The Canada Revenue Agency (CRA) is taking measures to cut red tape and support businesses in creating jobs and economic growth. As part of the initiative, called the Red Tape Reduction Action Plan, the CRA has created a dedicated team responsible for coordinating and addressing small business issues. Read: CFIB tackles small business regulatory costs […]
Last week, StatsCan released new underground economy (UE) estimates for Canada. They’re based on activity from 1992 to 2009, and will be used to help enhance compliance with Canada's tax laws.
Canada reigns as one of the most competitive countries in the world when it comes to paying taxes, says a new KPMG study.
Newcomers establishing businesses in Canada must be aware of tax implications both here and back home. Help them address their concerns about high taxes and immigration risks.
Make sure clients file Notices of Objection on time.