Tax Alerts
Premier Gordon Campbell announced a 15 per cent reduction in personal income tax rates, for the first $72,000 of personal income for all British Columbians.
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CRA has recently announced that it will be conducting a letter writing campaign to inform Canadians about their tax obligations.
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On July 23, 2009, Premier Gordon Campbell announced that effective July 2010 B.C. is set to move to a 12 per cent Harmonized Sales Tax (HST).
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On October 20, 2010, the Government of Canada released its preliminary lists of regions in Alberta and British Columbia eligible for tax deferral as a result of drought conditions.
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At the Canada Revenue Agency Roundtable at the Canadian Tax Foundation conference, CRA clarified its views on certain issues arising from the Fifth Protocol to the Canada-U.S. Income Tax Convention.
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On June 4, 2010, the CRA issued new guidance on how the International Financial Reporting Standards (IFRS) will affect tax reporting.
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