Bill C-31: Royal Asset and New CRA Powers Could Come Soon

Changes are coming to the Income Tax Act and both you and your clients will all be affected with new tax risks including longer tax audits. Bill C-31, which passed second reading in the House of Commons on June 3 and is now at committee stage, contains elements of previous Federal Budgets that will expand the CRA’s compliance and enforcement powers. Here’s what you need to know and pass along to your clients:

You may not be able to contribute to your own RRSP, depending on how much was contributed to your RPP.

When we look at the scope of tax assistance available for financial assets—inside and outside of a registered account—as well as non-financial assets like real estate, it helps us to develop a checklist of criteria to look for before making an investment so we can get to a point of evaluation in our investment activities. How well are we doing, year over year?

It's time to head back to school and now is the perfect time to train yourself and your team for the upcoming year-end, tax, and RRSP seasons. Register by September 15 for best tuition rates of the year.

In a session that will have you at the edge of your seat, find out which investors will profit from a declining world population and who will lose. If you’re focused on a younger demographic, you may want to rethink your strategy...

With tax season once again on the horizon, now is the time to start toning your tax muscles. Get started with our Corporate Tax Bootcamp this November – register by September 30 for best fees. Earn 6.5 CE/CPD credits, everything is included.

If experience is the best teacher, here is your seat at the front of the classroom. Be inspired by 50 outstanding Canadians as they tell their stories and the life lessons they learned as they overcame obstacles. A must-have guide for young leaders, parents, business executives and bright stars everywhere.