Finance Canada Drops Draft Legislation August 15
All professional tax practitioners, financial advisors should take note of an important mid-summer release of draft legislation to implement some of the proposals from the November 2024 Fall Economic Statement, the April 2024 Budget, the EIFEL rules announced on August 12, 2024, and rules relating to passive income of foreign affiliates announced in the 2022 federal budget. This draft legislation also introduces more modifications to new trust filing requirements. Brief highlights appear below; technical details will be discussed in the September 17 and November 5 CE Summits and Knowledge Bureau’s certificate course on T3 Filings.Sorting the Mail from CRA
With the introduction of online mail for both preparers and clients, sorting out who will get what when can be quite confusing.
Pay Yourself First
Although submission of a TD1 form is not required each year, it’s always a good idea to ensure that your employer is not withholding more taxes than absolutely necessary – after all, it’s your money.
2015 Pre Budget Online Consultation for the Federal Government’s Economic Action Plan
Federal Finance Minister Joe Oliver is seeking input on a number of key issues for the 2015 Economic Action Plan.
Two Designates Receive Thumbs Up Fom Knowledge Bureau
Knowledge Bureau gives a thumbs up to two folks who participated in the Toronto Distinguished Advisor Workshop.
Tax Tip For 2015
File an audit-proof return on time
DAC 2015 is Heading to Puerto Vallarta, Mexico
The Westin Resort and Spa has been announced as the venue for Distinguished Advisors Conference (DAC) 2015!
