The Alternative Minimum Tax (AMT) is a tax system that ensures that high-income individuals pay their fair share of taxes. The Canadian government recently made changes to the AMT as part of the 2023 budget. In this blog post, we will discuss how these changes will impact donors of publicly listed securities.
As a Canadian taxpayer, it's important to know the different types of business expenses that you can claim to reduce your taxable income. Claiming these expenses can help to minimize your tax burden and increase your profits. In this post, we'll list the main categories of business expenses that can be claimed in Canada, and provide some description of what...
The Canadian federal government recently released its 2023 budget, which includes changes to the Alternative Minimum Tax (AMT) that will impact high-income earners. This post will cover the changes made to the AMT and how it may affect wealthy philanthropists.
