A thorough analysis of today’s financial news—delivered weekly to your inbox or via social media. As part of Knowledge Bureau’s interactive network, the Report covers current issues on the tax and financial services landscape and provides a wide range of professional benefits, including access to peer-to-peer blogs, opinion polls, online lessons, and vital industry information from Canada’s only multi-disciplinary financial educator.
We conclude our Synthetic Dispositions series this week with a look at holding period rules.
In our Disability Awareness series we have discussed income sources such as CPP Disability Pension, and EI. We continue that discussion with the tax consequences of other income sources that are available to those who have suffered a disability.
Leaders of the G-8 countries, including Canada’s Stephen Harper, met in Ireland on Monday June 17th to discuss, among other things, “tax havens”.
Advisors should be aware of and discussing income replacement opportunities with their client families if disability has entered into the picture.
If you have a Registered Disability Saving Plan and are receiving disability assistance payments from the plan, a portion of these payments will be shown in Box 131 of a T4A slip.