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GST/HST Rebate for Foreign Conventions in Canada Digital economy businesses, including digital platform operators,... 21 November 2024 Understanding Provincial Credits for Children’s Activities in Canada Children’s Sports and Arts Tax Credit (Nova Scotia) The Children’s Sports and Arts Tax Credit...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook Thesaurus Wikipedia ThesaurusAntonymsRelated WordsSynonymsLegend: Switch tonew thesaurus Noun1.tax cut- the act of reducing taxation; "the new administration's large tax cut was highly controversial" ...
Governments in Canada impose many different sorts of taxes. One of the most well known of these ispersonal income tax, an annual charge on an individual or household’s income or amount of money earned over the course of a year. This includes wages, pensions, capital gains (income earned f...
In the course of a tax appeal, the taxpayer and the Canada Revenue Agency (CRA) are entitled to inspect certain documents that are in the other party’s possession, control or power and that are relevant to any matter in question in the appeal. An exception to this is any document that...
(IRS) plays a significant role in the taxation of RRSPs for U.S. persons, adding another layer of complexity. This article aims to demystify RRSPs and RRIFs, explain how they are taxed in Canada and the U.S., and explore the tax implications for Canadian nationals moving to the U.S...
Interview with Jo-Anne Anderson, partner, Deloitte Canada1. What is the most significant change to your region/jurisdiction’s tax legislation or regulations in the past 12 months? Changes in Canada over the last 12 months have been significant. These include amendments to the Canadi...
There are a ton of tax breaks for seniors in Canada compared to other age groups. It’s almost like our tax code tells us the story of who votes most consistently in our elections! The tax credits and tax breaks for retirees who are no longer earning their full-time income are an exce...
The internet economy enables an educator in Canada to teach a course to customers in South Africa, Malaysia, Brazil, and the United States. While growing their businesses, they need to manage the tremendous bureaucracy of complying with nuanced sales tax laws around the world when selling ...
Mortgage interest in Canada is not generally tax deductible for individuals. (Where did you read otherwise?) As an individual, the only mortgage interest you may be able to deduct is when you borrow the money to purchase an income-producing asset, e.g another property you can rent ou...