@P_Mo_Law@AndrewBernstei9 If you'd like to learn more, here is volume 1 of a three part series written on this and other tax issues by an independent commission in the 1970s.
https://t.co/WNTNh5wUTG
@AndrewBernstei9 Because the number is incorrect.
If you have an RRSP/hold investments, then you will be (indirectly, but materially) affected by the capital gains tax increase - not bc of direct tax, but bc companies which are taxed will pass on the additional tax to you.
@realKingscott@MikePMoffatt@carastern One thing to consider: indirect payment through the tax system is that it requires a lot of tax planning - doctors will need to pay accountants, higher paid specialists will benefit more than family docs, etc. The distortions & accounting costs are real.
On today’s episode of the Missing Middle @carastern & @MikePMoffatt talk to tax lawyer @bhuvanasaurus & estate lawyer @BLuksenaite and ponder the question:
Is Raising the Capital Gains Tax a Good Idea? https://t.co/O16faiK5U2 via @YouTube
In the last 3 weeks I have seen 3 lawyers make serious errors when they dabbled in construction liens. Construction liens are highly technical and unforgiving.
@FLSC_News 2) Have you always wanted to be a Tax Court or Federal Court judge? #budget2024 launches consultations to remove the (Ottawa) residency requirements for these judges.
1) Have you been following the @FLSC_News litigation? New #budget2024 proposes to remove reportable and notifiable transactions from general penalty provisions for failure to file returns, apparently in response to litigation. This would be deemed to come into force in 2023.
Our analysis of #Budget2024 is up. https://t.co/FXgpiae9pe
Key note: capital gains inclusion rates increased to 2/3; CRA's administrative powers continue to expand aggressively.
#tax
I've been thinking about this @TorontoStar piece.
The firm where I summered (my first exposure to law) had a very serious incident of this nature. What I remember is the way other lawyers talked about the junior associate involved.
https://t.co/aQkvAx0NIn