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The assets of iconic publisher IT World Canada are up for sale. Today the Trustee, Crowe Soberman released the notice of sale. The following is a summary of that information taken from the PDF document available from the Trustee. For the official version of this information, please contact the Trustee using the contact information at
Incorporated professionals must consider deferral, dividends and deductions
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The Globe and Mail Brenda Bouw Published May 12, 2021 The federal government is proposing a tax on the sale or lease of new luxury cars and personal aircraft that cost more than $100,000, and personal-use boats that cost more than $250,000. The tax would be calculated at the lesser of 20 per cent of the value above the thresholds or 10 per cent of the full value of the luxury car, boat, or personal aircraft. Bart Sadowski/iStockPhoto / Getty Images The Liberal government’s plan to tax expensive cars, yachts, and private aircraft introduced in this year’s federal budget has prompted man...
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The Globe and Mail Dale Jackson Published March 17, 2021 ROMAN/istock Now that this year’s deadline for making contributions to registered retirement savings plans (RRSP) has passed, many Canadians who managed to make contributions are looking forward to a tax refund in the spring. However, tax experts are quick to point out the advantages of having a long-term plan that keeps more of those tax dollars invested. In fact, over a lifetime, investors can generate hundreds of thousands of dollars in extra retirement savings through “tax-free compounding.” The strategy allows tax savings ...
PREPARING TO FILE Experts say that this year’s tax returns could look very different than what Canadians are used to – and to plan accordingly. “I think for millions of Canadians, this might be the first time that they could actually owe money when they file their tax return,” said Managing Director, Tax and Estate planning at CIBC Private Wealth Management Jamie Golombek, in a telephone interview with CTVNews.ca Wednesday. “People are so used to getting a tax refund and this year could be different because they've received all these benefits in many cases, haven't paid tax on it....