Fuel Excise Tax on Hold But Inflation is Not
The U.S.-Israel war on Iran has thrown global oil prices into turmoil and there is plenty of fallout for consumers. Travelling to Europe this summer? That’s in jeopardy, as jet fuel may run out. Looking for relief at the pumps instead? The recently announced suspended federal excise tax on gasoline, unleaded aviation gasoline, diesel fuel and aviation fuel here in Canada will soften the blow, but only temporarily: it will be zero from April 20 to September 7, 2026. Here’s what you need to know:Take Use of Trusts in Tax and Estate Planning for Summer School
Planning with trusts is becoming more and more common and if you can’t answer questions and explain the concept, your clients will find someone who can. Learn the pros and cons of all possible solutions for wealth and succession planning and earn a long-term and potentially intergenerational connection to your client and their family.
Quickly Estimate Your Tax Situation
The Income Tax Estimator is a simple calculator that helps determine total taxes paid for individuals and/or couples based on different combinations of income sources. See it in action with the following what-if-scenario and then try it for yourself, risk-free!
Governments Need to Budget Better, Not Raise Taxes
While opinions are split on whether increases to income tax or sales tax would be better, KBR readers largely agree that governments need to be more accountable for their spending and budgeting practices.
Bill C-60: Changes to the Discovery Process
Last week in the second part of our Bill C-60 series, we examined the changes to the tax court rules. This week we discuss changes to the discovery process.
Disability Awareness Week
The Honourable Jim Flaherty, Minister of Finance, issued the following statement recognizing Disability Awareness Week (May 26-June 1): "Disability Awareness Week offers Canadians an important opportunity to reflect on the varied and significant contributions that Canadians with disabilities make to our country each and every day, and the importance of helping to ensure that they and their families can participate to their fullest in the promise our country has to offer."
Evelyn Jacks: Part 1 – When Interest Is Tax Deductible
Did you know that small firms in the business sector create proportionately more jobs than large firms, especially in the early years of development?
