Tax News

Capital gains mean tax-efficient investing

Reader alert: This is part 2 of a five-part series. • Part 1: Tackling tax-efficient investing • Part 2: Capital gains mean tax-efficient investing • Part 3: Tax-efficient investing and dividends • Part 4: Magic of tax-efficient bond investing • Part 5: Tax-efficient investor behaviour Capital gains are the most tax-efficient form of investment return […]

By André Fok Kam |February 11, 2011

9 min read

Odd RDSP tax case exposes problems

To ensure clarity and efficiency, new legislation is often layered upon existing law; otherwise, there could be unnecessary duplication of definitions, parallel procedures and inconsistent results. A recent court decision concerning the relatively new registered disability savings plan (RDSP) illustrates how this otherwise logical approach may nonetheless lead to unexpected outcomes, and leave a court […]

February 11, 2011

3 min read

RCAs avoid the cash grab

Out of the amount contributed to the RCA, 50% must go to a refundable tax account (RTA) with the CRA. Earnings within the RCA are not entitled to the capital gains inclusion tax rate, or to preferred dividend gross-up and tax credit treatment. As with contributions, 50% of realized RCA earnings must be paid to […]

February 11, 2011

4 min read

Let’s talk about tax

Against the backdrop of the personal wealth lost in the financial crisis and subsequent attempts at recovery, tax and financial planning are more important that ever.

By Vikram Barhat |February 10, 2011

3 min read