Browsing the "taxation" Tag →

Today’s article relates to question #6 on the 2013 Personal Income Tax Questionnaire sent to clients. ARE YOU CLAIMING EXPENSES RELATED TO EARNING EMPLOYMENT INCOME? Guide T4044 looks at the issue of employers requiring employees to incur costs...

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Canadian Taxation

Crowdfunding as taxable income

November 13, 2013 | 0 Comments

In a decision that I’m sure is going to shock people (sarcasm) Crowdfunding counts as taxable income, Revenue Canada says “In many cases, the money raised on crowdfunding websites like Kickstarter and Indiegogo — for everything...

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I was just reading an article Canada and Ontario tax systems need to smarten up  from the Institute for Competitiveness and Prosperity. I found it interesting with some good points until I came across the following: “Most importantly,...

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Instead of writing an article for Monday, I wrote a letter to the Editor of the Nanaimo Daily News in response to their editorial It’s time for further taxes on junk food I had commented...

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Canadian_Retirement

The Great Snowbird Migration

August 29, 2013 | 0 Comments

Snowbirds may have to pay income tax in the USA “Claudio and Anne-Marie Riti are among the 700,000 Quebecers who visit the United States each winter and now have to tackle an intimidating U.S. tax...

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Ever hear of the term “Sin Tax“?   As per Wikipedia, “A sin tax is a kind of sumptuary tax: a tax specifically levied on certain generally socially proscribed goods and services, for example alcohol and tobacco, candies,...

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BitCoin is in the news as of late and, in becoming more mainstream, has found it’s price sky rocket (and then collapse) as speculators play with the concept.  As the use of electronic currencies is...

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