News Room

KBR Poll: A Huge Opportunity for Tax Reforms

The Knowledge Bureau News Network was vibrant last month, especially in the Knowledge Bureau Report Poll. Over 98% of readers who answered overwhelmingly were in favor of tax reforms and they had some great comments as well. Take a look:

On The Move? Tax Relief Can Reduce Financial Stress

Summer is here and it’s moving season. Exciting yet stressful, this life event can be lucrative from a tax viewpoint. 

Trees Win, But Average Tax Refund Up To $1,729

For the 2015 tax filing season, the average Canadian overpaid their taxes by $1,729 during the year—that’s just over $140 a month that’s not going into TFSAs, RRSPs, RESPs, RDSPs, or non-registered accounts to benefit Canadian families in their future.

New Form Defines Tax Exemptions for Status Indians

When is employment income earned by an Aboriginal person exempt from income tax?

No Fooling - Proprietorship Returns Due June 15

Time’s up for procrastinators... midnight on Monday June 15 is the T1 tax filing deadline for unincorporated businesses.

Emotions Aside, Sometimes Estate Litigation is Wrong

On May 28, 2015, the Ontario Court of Appeal (ONCA) dismissed an appeal from the dismayed son of a deceased testator.

High Standard Upheld in Will Validity Challenge

Back in 1851, a decision in Russel v. Jackson reasoned that when the validity of a Will is challenged, the solicitor’s file should be disclosed in certain circumstances to provide insight into the views and intentions of the testator, or the objects and purposes for which dispositions have been made in the Will.
 
 
 
Knowledge Bureau Poll Question

Does the new government’s promise, expected soon, to cut the lowest personal income tax rate by 1% to 14%, go far enough to help Canadians impacted by high costs? What are alternatives in your view?

  • Yes
    6 votes
    10.34%
  • No
    52 votes
    89.66%