Advanced Income Tax Rulings
The federal government has taken steps recently to attract more investment in Canada. That’s sure to create some new tax questions that require Advanced Income Tax Rulings (AITR). A new measure to facilitate a faster response was announced on September 14 and is intended to attract business investment of large amounts. Specifically, for investments of $1 billion or more, the CRA will prioritize advance income tax rulings. The measure took effect the day it was announced. Here’s what you need to know:Poll Results: Raising RRSP Lower Limit Draws Thoughtful Response
Seventy two percent of the responders agree that the 18% limitation restricting contributions to an RRSP should be raised for lower income earners. However, there were several varying opinions on how this should be done and what else could be affected. Below are some of the comments shared by voters:
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Differentiate with High Standards Of Service Excellence
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DAC Nov 5-8 in Kelowna: Enter March Financial Trivia Contest
You can enter this month’s skill-testing financial trivia question to win a free registration to the DAC in Kelowna, where this year’s theme will be: CANADA 150: Financial Advice at the Crossroads of Change.
People in the News
Laramie Tan-Amit Developed Her Competitive Edge as DFA – Tax Services Specialist:
Life Purpose
“As we look back and move forward, we would all be advised to remember that pride goes before the fall.” Former Bank of Canada Governor, Mark Carney in Geneva, 2010
