Archive for the ‘Executors’ Category

PERSONAL TAX SYSTEM FOR SENIORS: A PERSPECTIVE FROM THE CRA

Tuesday, May 17th, 2016

Last month, a fellow blogger Audrey Miller wrote on care expenses and services in general which may be eligible for a tax credit in one form or another. Co-incidentally the Canada Revenue Agency (“CRA”) was recently asked to comment on the tax system overall as it applies to seniors and gave ...

Provincial residency of a Trust

Tuesday, May 3rd, 2016

The Canada Revenue Agency (CRA) was asked if there was any change to their view regarding the application of the central management and control (CMC) test in establishing the residency of a trust for provincial income tax purposes in light of the decisions in Discovery Trust v. Canada and Boettger ...