Tax

Tax preparer extradited to Canada for fraud

Canada has extradited a former tax preparer from Italy to serve a 10-year sentence for tax fraud, CRA says.

By Staff |September 8, 2015

2 min read

New donation rules would cut tax for rich

Publicly traded securities donated to registered charities are exempt from capital gains tax. The government is now eyeing implementation of a Budget 2015 proposal that would give the same treatment to private company shares and real estate, notes Kim Moody, director at Moodys Gartner Tax Law in Calgary.

By Staff |August 31, 2015

1 min read

Canadian families spend more on taxes than necessities

The average Canadian family spends more on taxes than on food, clothing and shelter combined, finds a study by the Fraser Institute.

By Staff |August 27, 2015

2 min read

Teachers would get school supply tax break under Trudeau

Teachers and early childhood educators who pay for classroom supplies out of their own pockets would get a thank you in the form of a federal tax credit should the Liberals win the federal election this fall.

By Staff |August 26, 2015

1 min read