

Capital Gains Reserves

The taxation of capital gains is a fundamental aspect of Canada’s tax system. When taxpayers dispose...
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What Is A Taxable Benefit?

A taxable benefit arises when a taxpayer receives a measurable economic advantage or benefit that mu...
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Salary Deferral Arrangements

Employers often design creative compensation structures to improve tax efficiency, reward employee p...
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What Is the Canada Child Tax Benefit?

The Canada Child Benefit (CCB) is a tax-free monthly payment administered by the Canada Revenue Agen...
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Tax Implications of Separated Couples Living Under the Same Roof

Separation often involves physical distancing between former partners, but the situation becomes com...
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Spousal and Child Support Payments: Tax Implications

Spousal and child support payments often carry significant tax implications for both the payer and r...
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