Budget 2024

Everything you need to know about this year’s federal budget

September 9, 2024

Capital gains tax hike results in rate inversion for some Canadians

Top earners in four jurisdictions may face a higher tax rate on capital gains than on eligible dividends

  • September 9, 2024 September 11, 2024
  • 13:55

Feds to pick one institution to provide autoenrolled RESPs

Ottawa surveying firms on procurement process that's expected to launch in spring 2025

  • August 28, 2024 August 28, 2024
  • 11:51

Feds provide more detail on autoenrolled RESPs

Ottawa says kids from low-income families missing out on up to $2,000 in Canada Learning Bond payments

  • August 22, 2024 August 28, 2024
  • 13:55

Troubling quirk in capital gains rules addressed in draft legislation

Clarifications concerning the capital dividend account are welcomed by tax practitioners

  • August 14, 2024 August 14, 2024
  • 13:08

Challenges planning for revised AMT given proposed CGIR increase

Clients with significant capital gains in 2024 face uncertain tax exposure

  • July 30, 2024 July 30, 2024
  • 12:54

Quirk in capital gains tax rules raises risks for incorporated clients

A company could face 60% tax on unintentional payout of excess amounts from its capital dividend account

  • July 24, 2024 July 24, 2024
  • 14:30

Industry groups want looser rules for qualified investments

IIAC and PMAC call for simpler requirements for investments held in TFSAs, RRSPs and more

  • July 17, 2024 July 18, 2024
  • 15:23

How should trusts flow out capital gains to beneficiaries in 2024?

Trusts must disclose pre- and post-June 25 gains or face negative tax consequences

  • July 5, 2024 July 5, 2024
  • 16:57

Tax advisors on high alert as revamped GAAR takes effect

The revised anti-avoidance rules represent a shift in the CRA’s approach

  • July 4, 2024 July 4, 2024
  • 08:15

2 ways for mutual funds to handle higher capital gains inclusion rate

Funds can choose the option more favourable to fund holders — though detailed calculation comes with challenges

  • June 28, 2024 July 18, 2024
  • 13:57