Charitable Donations by Graduated Rate Estates – Substituted Property

Tuesday, January 5th, 2016

The new Canadian tax rules concerning charitable donations of graduated rate estates restrict those donations to gifts of properties acquired by an estate as a result of the death of an individual or of properties substituted for those properties. The Canada Revenue Agency (CRA) was asked if the cash dividend received ...

INCOME DISTRIBUTIONS AND CHARITABLE GIVING AND THE NEW PERSONAL TAX RATES

Friday, December 11th, 2015

If you are like most individuals at this time of the year, you probably don’t give too much thought to your taxes and perhaps putting it off until the filing deadline for tax returns approaches being in the spring of each year for most. For those who are beneficiaries of ...