United States Extends Estate Tax
In the weeks and months leading up to December 2010, there was great uncertainty in the United States regarding the fate of the politically divisive ‘estate tax.’ US estate tax has traditionally applied to the value of deceased US citizens’...
Miller Thomson Welcomes Sheldon Silver and Cliff Goldlist
Miller Thomson is pleased to announce that Sheldon Silver, Q.C. and Clifford Goldlist have both joined the firm in the Taxation Group in Toronto. We are all very excited to have them on board and extend our warmest welcome to...
Charitable Sector Measures
Changes Affecting Charities and Non-Profits The 2011 Budget proposes numerous changes that will affect charities, qualified donees and other non-profits, and donors. A summary of these changes is below. For a more detailed review of these changes, see the Budget...
Introduction
2011 Federal Budget Minister of Finance Jim Flaherty today tabled the 2011 Federal Budget (the “Budget”) entitled “A Low Tax Plan for Jobs and Growth”. We are pleased to provide our summary of tax measures contained in the Budget. There...
Business Tax Measures
Manufacturing and Processing Sector: Accelerated Capital Cost Allowance As part of its plan to continue to stimulate the Canadian manufacturing sector, the Federal Government proposes to extend certain incentives related to the acquisition of machinery and equipment. Currently, machinery and...
Customs Tariff Measures
IN THIS SECTION: Customs Tariff Simplification Facilitating Low Value Imports Customs Tariff Simplification The Federal Government announced the initiation of a process to simplify the Customs Tariff in order to facilitate trade and lower the administrative burden for businesses. This...
Personal Tax Measures
IN THIS SECTION: Children’s Arts Tax Credit Volunteer Firefighters Tax Credit Family Caregiver Tax Credit Medical Expense Tax Credit for Other Dependants Child Tax Credit Eligibility Tuition Tax Credit – Examination Fees Education Tax Measures – Study Abroad RESPs –...
Other Tax Measures
IN THIS SECTION: Aboriginal Tax Policy GST/HST Changes Aboriginal Tax Policy The Federal Government expressed its continued support of initiatives that encourage the exercise of direct taxation powers by Aboriginal governments including, in particular, the entering of arrangements respecting sales...
Previously Announced Measures
The Budget confirms the Federal Government’s intention to proceed with the following previously announced tax and related measures, as modified to take into account consultations and deliberations since their release: Legislation relating to measures announced in the March 2010 Budget (including...
Important Considerations When Making A Will in BC
Vancouver Sun Leave A Legacy Supplement
Read the article.
