News Room

May 2025 Poll

Does the Liberal 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?

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Bill C-60: Changes to the Tax Court Rules

In the first article of our Bill C-60 series in our May 22 issue of KBR, we looked at the proposed amending of the audit process. This week we examine the changes to the tax court rules.

File Proprietorship Returns by June 17

Do you run an unincorporated small business from your home or office?

The Supreme Court of Canada Clarifies the Proceeds of Dispositions

Daishowa-Marubeni International Ltd v. Her Majesty The Queen [2013] SCC 29 An important and eliciting tax decision was recently released by the Supreme Court of Canada (SCC) analyzing the difference between liabilities and embedded obligations as well as the role of tax symmetry in the Income Tax Act (the Act).

Bill C-60: Amending the Audit Process

On April 29, the Minister of Finance, Jim Flaherty, introduced Bill C-60 to Parliament which proposes to implement certain provisions of the March 21, 2013 federal budget.

Demography Matters In Strategic Planning

Part of the Bank of Canada’s Spring Review, released on May 16, included an article titled “Explaining Canada’s Regional Migration Patterns”, which provides interesting data on the effect of demographic migration on economic policies in Canada. It also provides, therefore, important information for professional advisors who wish to more strategically define growth in their practices over the long run.
 
 
 
Knowledge Bureau Poll Question

Does the Liberal 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?

  • Yes
    3 votes
    8.33%
  • No
    33 votes
    91.67%