The move follows pledges to review housing as an asset class
Here’s the status of tax proposals that matter to your clients
A Tax Court case led to a hefty tax bill
Firms are scrambling to set up back-office systems and internal procedures for the complex accounts
All of Advisor.ca’s 2023 federal budget coverage in one place
In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024
Tuesday's budget also proposes extending a measure that was set to expire this year
Budget 2023 also proposed changes to allow divorced or separated parents to open joint RESPs
The proposed changes take aim at deductions, credits and other tax strategies
Affected owners have until Oct. 31 to file or pay before incurring interest and penalties