Changes to RESPs and RDSPs are included in the legislation, as well as leeway to increase the CDIC limit
Here’s the status of tax proposals that matter to your clients
Here's the status of tax promises and proposals that matter to your clients
First home savings account, anti-flipping rule are now law as Bill C-32 passes
Here’s the status of proposals that matter to your clients
ETF investors' tax bills for the 2022 tax year could be higher than under the previous formula
Bill C-32 delays enhanced reporting requirements for trusts, but would implement a new tax credit, the surtax on banks and insurers, and more
The 12-month holding period would reset after the taxpayer took ownership of property
The update did not provide details on measures set to take effect soon
New rules lower the bar for reporting aggressive tax-planning techniques