Tax News

A smooth exit from character conversion funds

Carol Bezaire, vice-president of tax and estate planning at Mackenzie Investments, breaks it down. It’s clear why the government targeted these funds: their derivative structure means CRA gets less than if investors bought bonds directly.

By Dean DiSpalatro |December 3, 2013

4 min read

8 things to consider when tax-loss harvesting

With 2013 coming to a close, it’s a good time to see if you’ve done everything possible to minimize the tax bite for clients and maximize their net earnings. Part of that’s done with tax-loss harvesting. After ensuring the sale fits your client’s portfolio goals, check these eight things.

By Stella Gasparro |December 3, 2013

3 min read

CRA tax relief deadline approaching

CRA is reminding taxpayers and registrants that they have until December 31, 2013, to make a taxpayer relief request related to 2003.

By Staff |November 29, 2013

2 min read

Canada losing appeal as destination for business investment

Canada has dropped 11 spots since last year on the University of Calgary School of Public Policy’s annual review of global tax competitiveness.

By Staff |November 27, 2013

1 min read