Tax Letters
2018 Federal Budget – Sales Tax and Excise Tax Measures
Date: February 2018
GST/HST and Investment Limited Partnerships The Budget confirms the Federal Government’s intention to proceed with the legislative and regulatory proposals released on September 8, 2017, ...
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2018 Federal Budget – Charities
Date: February 2018
Municipalities as Eligible Donees Where a registered charity’s registration is revoked, either at its request or because of non-compliance, a revocation tax of 100 per ...
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Date: February 2018
The Budget proposes extensive new reporting requirements for most family trusts, effective for returns required to be filed for 2021 and subsequent taxation years.
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2018 Federal Budget – International
Date: February 2018
Surplus Stripping Section 212.1 is a provision that is intended to prevent a non-resident (the transferor) from stripping surplus out of a Canadian resident corporation ...
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2018 Federal Budget – Personal Income Tax Measures
Date: February 2018
The Budget did not propose a number of changes that were the subject of speculation prior to the Budget. The capital gains inclusion rate will ...
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2018 Federal Budget – Business Income Tax Measures
Date: February 2018
Passive Investment Income Earned by Private Corporations The Budget proposes to introduce measures to reduce perceived tax advantages where a private corporation earns passive income. ...
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2018 Federal Budget Introduction
Date: February 2018
The Federal Government’s 2018 Budget touts Canada’s strong economic growth over the past two years.
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British Columbia Budget Summary – 2018
Date: February 2018
On February 20th, 2018, British Columbia Finance Minister Carole James announced the 2018 British Columbia Budget. No increases in existing income tax rates were announced. ...
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Other Measures & Medical Services Plan – BC Budget 2018
Date: February 2018
Home Owner Grant The property value threshold for the full home owner grant is increased to $1.65 million for the 2018 tax year, from $1.6 ...
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Provincial Sales Tax Measures – BC 2018 Budget
Date: February 2018
Exemption Expanded to all types of Avalanche Airbag Backpacks Effective April 1, 2018, the exemption for avalanche airbag backpacks is expanded to include all avalanche ...
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