Mark Carney plans to announce he won’t follow through with a proposed increase to Canada’s capital gains tax if he wins the ...
Dividends that are eligible and non-eligible are both grossed-up, but at different rates. The Canadian Income Tax Act requires Canadian companies to inform shareholders if their payout is eligible ...
The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...
If you owe income tax in Canada past the payment deadline, you would have to pay interest on the balance owing. Thankfully, the interest rate is much lower for income tax than it is for credit cards.
If you live and work outside Canada most of the time, there are extra things to consider when paying your income taxes.
When is capital gains tax payable on the sale of property? And at what rate are capital gains taxed? We answer these ...
Trump has long proposed raising tariffs—or taxes on imported goods that the businesses importing them pay the U.S. government ...
For example, the small business deduction allows Canadian-controlled private corporations to pay a reduced tax rate on the first $500,000 of business income. Incorporating a small business also ...