“build flexibility into the deceased’s Will.” People often make their most major donations in their Wills. When…

“relief from the tax on departure may be available.” Upon ceasing to be resident in Canada, an…

“An ABIL claimed by a corporation reduces the corporation’s CDA.” The recent unfavourable economic conditions have resulted…

“”asset-building” can be particularly effective.” A “spouse trust” can be used in a taxpayer’s Will to defer…

“Such a trust can provide estate planning benefits” Canadian residents who are 65 or older can transfer…

“potential pitfalls can result in unexpected, costly mistakes.” Capital gains crystallization transactions usually involve the artificial but…

“X will lose out on claiming $60 of available losses for the year.” It is common for…

“sometimes traditional planning techniques become outdated.” As we alluded to in Tax Tip 10-11, sometimes traditional planning techniques…

“The penalty could apply on a per-item basis.” Over the last few years, the U.S. has significantly…

“”the combined tax bill can be significantly lower than the tax on the salary would be”.” It…