by Vishal Raithatha | May 24, 2024 | News
Tax Insights Published May 23, 2024 VOL. 01 NO. 01 By: Vishal Raithatha – CPA, CA, MMPA, B.A.Sc. Computer & Electrical Engineering Planning under consideration Effective June 25, 2024, capital gains tax rates are proposed to increase by about 8 – 10%, with the...
by Vishal Raithatha | Jan 15, 2024 | News
If funds were lent to a family trust or directly between family members under an income-splitting arrangement, the 2023 loan interest must be paid by January 30, 2024. Failure to do so would cause the income attributions rules to apply to tax the income earned on the...
by Vishal Raithatha | Jan 3, 2024 | News
It is important to take note that the tax changes in respect to non-compliant short-term rentals proposed in the 2023 Fall Economic Statement will take effect on January 1, 2024. In an attempt to increase the pool of housing available for long term residential rental...
by Vishal Raithatha | Dec 18, 2023 | News
As we head into 2024, we’d like to share some exciting news which brings new growth to Truster Zweig Raithatha LLP (TZR). TZR, a leading provider of dynamic, forward-thinking tax, accounting and advisory services, is thrilled to announce that Helen Hou of DJH &...
by Vishal Raithatha | Nov 3, 2023 | News
What is a capital gains strip? A “capital gains strip” is a strategy to extract corporate funds in a manner that is more tax-efficient than the conventional methods of drawing dividends or salaries. In particular, it involves the conversion of amounts that would...