Draft regulations, to be released shortly, will provide some relief to certain vehicle manufacturers
Here’s the status of proposals that matter to your clients
Parliamentary Budget Officer estimates the tax will reduce vehicle sales by a much greater amount, however
A Tax Court case offers a warning about missing corporate returns
For the best tax treatment, distinguish between current and capital expenses
The province will raise the rebate, on the education tax on residential and farm property, to 37.5% this year and 50% next year
A Budget 2022 proposal means life insurers could have to pay tax up front on profit earned on 20-year policies, says CLHIA
Proposed change in Budget 2022 would "increase expenditures by charities overall," government said
But with no adjustment to the passive income rules, some companies will remain shut out
CIBC's Jamie Golombek breaks down how the new account will work