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The New Residential Rental Property Rebate

As we enter into our third decade of dealing with the federal Goods and Services Tax, most recently amended in Ontario by harmonization with the Retail Sales Tax to become the Harmonized Sales Tax, many aspects of the GST/HST continue to be the subject of some confusion. When the GST was implemented, some were concerned about the impact of increasing the cost of new residential housing by the (then) 7% GST.

"Income Splitting Getting Tougher"

Residents of Ontario who are in the highest tax bracket will typically pay tax at rates of roughly 23 per cent on capital gains, 46 per cent on interest income, 28 per cent on dividends from public companies, and 32 per cent on dividends from private companies.

"Year-End Planning For Capital Gains"

"HST Takes Effect in Ontario July 1, 2010; Owners, Operators, Managers of Real Property Are Advised to Review Their Agreements"

"Economic Headwinds Increase Prospects of Tax Evasion: Criminal Offence Can Carry Draconian Penalties"

"New Tax Measures Designed to Boost Direct Foreign Investment"

"New Ontario Sales Tax Regime Net Good News For Business"

"Supreme Court Has Good News and Bad News on Tax Avoidance"

Originally published in Blaneys on Business: March 2009.

"Real Estate Developers Required to Comply With Federal Anti-Money Laundering Legislation"

"Joint Accounts - Not Always What They Seem To Be"

"Protecting Your Income"

Presentation slides from our in-house seminar "Protecting You/Protecting Your Business", presented on February 1, 2007.

"Many Canadian Companies in Position to Reduce Tax Burden"

"Tax-Free Receipts? Not Any More"

"Tax Debts -- You're Not Off The Hook, Yet!"