tax – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Fri, 20 Dec 2024 21:16:45 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png tax – Investment Executive https://www.investmentexecutive.com 32 32 Liberal tax promise tracker, post–fall economic statement https://www.investmentexecutive.com/news/industry-news/liberal-tax-promise-tracker-post-fall-economic-statement/ Fri, 20 Dec 2024 21:16:45 +0000 https://www.investmentexecutive.com/?p=498901 A look at the status of selected tax proposals from the Trudeau government

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]]> CRA confirms its approach to interest deductibility https://www.investmentexecutive.com/inside-track_/jamie-golombek/cra-confirms-its-approach-to-interest-deductibility/ Wed, 06 Nov 2024 21:00:28 +0000 https://www.investmentexecutive.com/?p=496156 Agency provides examples of when income-earning purpose is met

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]]> Proposed CRA audit powers sound alarms https://www.investmentexecutive.com/newspaper_/news-newspaper/proposed-cra-audit-powers-sound-alarms/ Tue, 05 Nov 2024 19:00:00 +0000 https://www.investmentexecutive.com/?p=495948 If proposals pass, CRA can impose harsh new penalties and compel taxpayer testimony under oath

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]]> Finance tax rebate ruling unreasonable, court finds https://www.investmentexecutive.com/news/from-the-regulators/finance-tax-rebate-ruling-unreasonable-court-finds/ Thu, 03 Oct 2024 19:31:08 +0000 https://www.investmentexecutive.com/?p=493890 Rebate decision failed to properly consider impacts of the pandemic

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]]> CRA announces prescribed rate for Q4 https://www.investmentexecutive.com/news/industry-news/cra-announces-prescribed-rate-for-q4-2/ Tue, 03 Sep 2024 17:13:50 +0000 https://www.investmentexecutive.com/?p=491950 Agency confirms the interest rate Canadians must pay on overdue tax will remain 9%

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]]> CRA to charge 9% interest on overdue tax through second half of 2024 https://www.investmentexecutive.com/news/industry-news/cra-to-charge-9-interest-on-overdue-tax-through-second-half-of-2024/ Wed, 31 Jul 2024 14:52:50 +0000 https://www.investmentexecutive.com/?p=490249 Prescribed rate for fourth quarter to match third-quarter rate

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]]> Challenges planning for revised AMT given proposed CGIR increase https://www.investmentexecutive.com/news/industry-news/challenges-planning-for-revised-amt-given-proposed-cgir-increase/ Tue, 30 Jul 2024 16:54:20 +0000 https://www.investmentexecutive.com/?p=490194 Clients with significant capital gains in 2024 face uncertain tax exposure

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]]> Another reminder to help clients understand their TFSA room https://www.investmentexecutive.com/inside-track_/jamie-golombek/another-reminder-to-help-clients-understand-their-tfsa-room/ Thu, 25 Jul 2024 20:00:37 +0000 https://www.investmentexecutive.com/?p=489958 Taxpayer penalized for overcontribution after relying on My Account information

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]]> Taxpayers’ Ombud to examine CRA’s bare trust administration https://www.investmentexecutive.com/news/industry-news/taxpayers-ombud-to-examine-cras-bare-trust-administration/ Wed, 10 Jul 2024 20:48:40 +0000 https://www.investmentexecutive.com/?p=489138 Agency received more than 52,000 bare trust returns for 2023, despite issuing last-minute filing exemption

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]]> Labour’s landslide faces fiscal reality check: NBF https://www.investmentexecutive.com/news/research-and-markets/labours-landslide-faces-fiscal-reality-check-nbf/ Fri, 05 Jul 2024 17:44:32 +0000 https://www.investmentexecutive.com/?p=488882 New U.K. regime will be caught between policy promises and financial markets

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