Taxbreaks

On the latest episode of the podcast, Kim G C Moody, Kenneth Keung and special guest Azam Rajan discuss tax from the perspective of US citizens who live in Canada. Why this is important to US citizens has a lot to do with taxes, naturally. 

On the latest episode of the podcast, Kim G C Moody and Kenneth Keung discuss new announcements on CEWS, CEBA and New Rental Assistance Program.

Last week, on September 30, 2020, the Saskatchewan NDP announced that if elected, they will institute a 1% wealth tax for Saskatchewan residents with more than $15 million of net worth. Federally, there were also hints about a wealth tax in the September 23, 2020 Speech from the Throne. While these discussions/proposals may all just be political rhetoric, wealth tax has been a hot topic amongst policy wonks and various government parties in the US and Canada. As such, practitioners shouldn’t completely dismiss the prospect of a wealth tax in Canada some time in the near future. In this episode, Kim G C Moody and Kenneth Keung debate the merits and problems of a wealth tax for Canada.

Kim G C Moody and Kenneth Keung discuss and dissect the tax measures and related issues arising from the latest Throne Speech.

Kim G C Moody and Kenneth Keung discuss the ongoing Canadian Emergency Wage Subsidy (CEWS) program and the announcement of planned audits to the subsidy.

In the latest episode, part two of the discussion of the taxation of principal residences in Canada, Kim G C Moody and Kenneth Keung return to address some of the feedback received from part one.

In this episode of TaxBreaks, Kim G C Moody and Kenneth Keung are back to discuss the surprisingly complicated topic of taxation of principal residences in Canada. They explain the law, its changes, and dispel some of the myths associated with it. Part one of two episodes.

In this episode of TaxBreaks, the first of 2020, Kim G.C. Moody, Director, Canadian Tax Advisory at Moodys Tax, is back to discuss Canadian capital gains inclusion rates in anticipation of the 2020 Federal Budget expected sometime in March 2020.