Tax News

‘Punitive’ luxury tax panned by Scotiabank economists

The Liberal proposal rests on a "dubious" economic argument, a report says

By Mark Burgess |November 8, 2019

2 min read

Ontario could close small business tax loophole

Province decided last year not to match the federal passive income rules, leading to an anomaly in combined tax rates

By Rudy Mezzetta |November 4, 2019

3 min read

CRA sets CPP maximum pensionable earnings for 2020

Contribution rates were also announced

By Staff |November 1, 2019

1 min read

A life insurance policy loan or a loan against the policy?

A Tax Court case shows the difference for taxation

By Jamie Golombek |October 25, 2019

3 min read