Tax

CRA announces prescribed rate for Q3

Agency confirms the interest rate Canadians must pay on overdue tax will drop to 9%

By Rudy Mezzetta |May 28, 2024

2 min read

Court OKs non-CCPC tax planning

Ruling could have limited application, however, since Bill C-59 will legislate non-CCPC planning out of existence

By Michael McKiernan |May 22, 2024

4 min read

Freeland says capital gains proposal will be tabled before summer break

The government says that even if a bill has not yet passed, the change will take effect on June 25

By Nojoud Al Mallees, The Canadian Press |May 21, 2024

2 min read

Cap gains hike will hit estate-planning trusts hard

Capital gains not flowed out to beneficiaries are "trapped" in the trust at death

By Rudy Mezzetta |May 17, 2024

4 min read