Visit our Tax blog for the MNP perspective on topics ranging from SR&ED to recent changes in taxation filing, credits and other important Tax developments.
Tuesday, August 23, 2011 by Kim Drever Comments (1)
The alternative minimum tax is an alternative method to calculate your taxes owing in Canada. This tax is often applicable when you have claimed a preferential tax deduction like the capital gain deduction / capital gain exemption and flow through shares or have preferential tax rates due to credits, such as dividend tax credits. View the full blog post
Tuesday, August 16, 2011 by Dylan Hughes Comments (0)
The question is: are partnerships still a viable business structure in Canada? The answer is yes: and it depends on the circumstances. View the full blog post
Friday, August 12, 2011 by Deidre Jensen Comments (0)
If you are contemplating the sale of your farmland and the expected capital gain will be in excess of your capital gain exemption, it is important to beware of 69(11) of the Income Tax Act in such a transaction or the resulting tax consequences will be an unpleasant surprise. View the full blog post