A cheat sheet for issues related to capital gains, dividends, cryptocurrencies, inheritance and more.

dividends in non-registered accounts, any selling of assets and so on. Capital gains are taxed as part of your income on your personal tax return. Below are the federal tax brackets for 202 ...

This is the highest rate of tax you pay, and will depend on your total income. If you have savings split into more than one account, you may want to repeat this exercise to calculate the potential ...

INSPIRED by the likes of the Adelaide, Melbourne and Edinburgh Fringe, plans are in motion to introduce a 14-day Mildura Fringe Festival to the riverfront later this year. From October 30 onwards, ...

A tax haven is any location (typically a country) with lenient or non-existent tax laws. There are numerous tax havens around the globe, including Switzerland, the British Virgin Islands ...

The announcement includes that for Q1: 1) a 13 percent market interest rate applies for fringe benefit taxes; and 2) a 13 percent deemed interest rate applies, of which a 15 percent withholding tax ...

Retired couples earning up to $100,000 and individuals making up to $78,000 will not pay any state taxes on their social security benefits starting with tax year 2023. Half of seniors in the state ...

Employer contributions towards certain group insurance plans are considered a taxable benefit for employees who reside in Quebec. The Ministère du Revenu du Québec publication on Taxable benefits ...

Hence, the HRA exemption cap for these cities needs to be enhanced to 50% of basic salary. Tax benefit for interest on savings accounts and fixed deposits When interest rates on savings accounts are ...

Startups and VC firms are seeking a simplified tax regime and measures to increase domestic capital availability in the upcoming Budget. They emphasize parity in taxation between foreign and ...

The current tax rules around residents, non-residents, and NRIs are confusing. The DTC will streamline these rules, making it easier for individuals to determine their tax liabilities. Clarified ...