New Mega Deduction a Good Start, But More Tax Reforms Are Needed
The Federal government has unveiled a Productivity Mega Deduction, which will provide immediate expensing under Capital Cost Allowance (CCA) provisions for a broad range of depreciable property, importantly on a permanent basis, for acquisitions on or after September 15, 2026. Check out the noteworthy exclusions are listed below. This tax reform is a good start, but much more needs to be done, especially for small business owners and average taxpayers to make Canada truly competitive across our tax base.T3 Filings: What is a Listed Trust?
A listed trust is one that is generally exempt from filing a T3 return unless, it owes money to CRA.
Prepare to Deliver Collective Re-Assurance During Uncertain Times
Learn the skills to develop strategies for accumulation, growth, preservation and transition of sustainable wealth.
DMA-Business Transition Services Specialist Designation
The demand for skilled talent is high among Canadian finance leaders, with a limited supply of skilled talent.
Grads and Designates: Official Transcript Study Term January 1 – March 31
VIP Transcripts coming April 3! Check out your official transcripts in the Graduate Lounge.
Update On Trust Tax Filings
On March 3, 2025 CRA issued an update on the confusing trust filing requirements for tax year 2024. What’s important to know is that when filing of the T3 return, and the T3SCH15 Beneficial Ownership Information of a Trust form is required, the deadline is coming up soon: March 31, 2025.
Provincial Budget Round Up – Some Tax Cuts, But for How Long?
It’s provincial budget time and in this Special Report, Knowledge Bureau Report covers the highlights of five of them released since the beginning of February.
