taxes

(Black Press Media Creative)

Mormon church fined $5M for obscuring size of portfolio

The Church of Jesus Christ of Latter-day Saints and its investment arm…

 

A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

Here’s what you need to know to get a head start on filing your 2022 taxes

Canada Revenue Agency says 92 per cent of Canadians filed online last year.

 

The Canada Revenue Agency website is shown in this Wednesday April 17, 2019 image. THE CANADIAN PRESS/Doug Ives

Filing taxes for the first time? Here’s what you need to know

Start early so you can get all your documents together before the filing deadline

 

Ottawa husband-and-wife duo Fletcher Gailey-Snell and Ashley Faragher, shown in a handout photo, have turned Fletcher’s nature illustrations into a thriving side hustle, selling apparel, wall art, greeting cards and more. With gig work, freelancing and self-employment becoming an increasingly common way for Canadians to earn extra income, experts say be aware of the tax implications of starting a side hustle. THE CANADIAN PRESS/HO-Fletch Robbins

Started a side hustle? Seek expert advice to avoid tax season headaches

Taking time to consult a professional can help you access benefits

Ottawa husband-and-wife duo Fletcher Gailey-Snell and Ashley Faragher, shown in a handout photo, have turned Fletcher’s nature illustrations into a thriving side hustle, selling apparel, wall art, greeting cards and more. With gig work, freelancing and self-employment becoming an increasingly common way for Canadians to earn extra income, experts say be aware of the tax implications of starting a side hustle. THE CANADIAN PRESS/HO-Fletch Robbins
Vancouver will start charging a new hotel tax to help cover the costs of hosting the 2026 FIFA Men’s World Cup. (Ryan Adams/Wikimedia Commons)

7-year-long Vancouver hotel tax to start in February to help pay for 2026 FIFA World Cup

Provincial statement suggests tax would be in place until 2030, so four years after tournament

Vancouver will start charging a new hotel tax to help cover the costs of hosting the 2026 FIFA Men’s World Cup. (Ryan Adams/Wikimedia Commons)
The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. The Canada Revenue Agency (CRA) has filed an unfair labour practices complaint against the union representing taxation employees, claiming it is not bargaining in good faith. THE CANADIAN PRESS/Sean Kilpatrick

CRA files labour complaint against union amid bargaining impasse ahead of tax season

Union’s move toward strike position would affect the tax filing season, revenue agency says

The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. The Canada Revenue Agency (CRA) has filed an unfair labour practices complaint against the union representing taxation employees, claiming it is not bargaining in good faith. THE CANADIAN PRESS/Sean Kilpatrick
The survey was conducted by Ipsos between Oct. 27 to Nov. 16, with 700 surveys completed. (Black Press file photo)

Quality of life nearly 100% for rural areas of Central Okanagan: Survey

Survey finds 94 per cent of residents asked reported a good quality of life

The survey was conducted by Ipsos between Oct. 27 to Nov. 16, with 700 surveys completed. (Black Press file photo)
The Kelowna housing market went up 14 per cent according to the 2023 BC Assessment (@khzny/Twitter)

EDITORIAL: Property tax rates separate from latest assessments

Local governments in British Columbia have not yet completed their budgets for 2023

  • Jan 10, 2023
The Kelowna housing market went up 14 per cent according to the 2023 BC Assessment (@khzny/Twitter)
B.C. Finance Minister Selina Robinson recently announced B.C.’s budget forecast showed a surplus of $5.7 billion – exceeding the $706 million forecast from last September. Much of the added surplus comes from higher personal and corporate income tax revenues. THE CANADIAN PRESS/Darryl Dyck
B.C. Finance Minister Selina Robinson recently announced B.C.’s budget forecast showed a surplus of $5.7 billion – exceeding the $706 million forecast from last September. Much of the added surplus comes from higher personal and corporate income tax revenues. THE CANADIAN PRESS/Darryl Dyck
Letter writer argues ICBC policy of using book value to determine provincial sales tax is flawed. (Lachlan Labere-Salmon Arm Observer)

Letter: ICBC relying on flawed policy for private sales of used vehicles

‘It disadvantages lower-income individuals and families’

  • Nov 24, 2022
Letter writer argues ICBC policy of using book value to determine provincial sales tax is flawed. (Lachlan Labere-Salmon Arm Observer)
Lawyer Judith Charbonneau. Lia Crowe photographer

Rising to the challenge

Whether it’s tax law or a marathon, Judith Charbonneau Kaplan is up to the task

  • Nov 18, 2022
Lawyer Judith Charbonneau. Lia Crowe photographer
Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. Top Canadian corporations paid $30 billion less in taxes in 2021 than would be expected, according to a new report from Canadians for Tax Fairness. THE CANADIAN PRESS/Adrien Veczan

Advocacy group calls out corporate ‘tax avoidance,’ cites billions lost in new report

Canadians for Tax Fairness found average $13.5 billion shortfall in tax revenues before pandemic

Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. Top Canadian corporations paid $30 billion less in taxes in 2021 than would be expected, according to a new report from Canadians for Tax Fairness. THE CANADIAN PRESS/Adrien Veczan
(Black Press Media Creative)

Shakira to stand trial on tax fraud charges in Spain

Shakira has been ordered to stand trial on 2018 allegations the pop…

(Black Press Media Creative)
A person walks by a row of houses in Toronto on Tuesday July 12, 2022. The federal government’s newly announced inflation relief for low-income Canadians through the goods and services tax rebate stacks up as better policy than some of the cash payments issued by provinces, economists say.THE CANADIAN PRESS/Cole Burston

Temporary boost to GST rebate appropriate amid high inflation: economists

Analyst says a permanent change in how indexation is calculated is necessary

A person walks by a row of houses in Toronto on Tuesday July 12, 2022. The federal government’s newly announced inflation relief for low-income Canadians through the goods and services tax rebate stacks up as better policy than some of the cash payments issued by provinces, economists say.THE CANADIAN PRESS/Cole Burston
An unsold 2021 Model X sports-utility vehicle sits at a Tesla dealership Sunday, Jan. 24, 2021, in Littleton, Colo. A tax on yachts, luxury cars and private planes and helicopters, designed to hit super-rich, could also cover some electric and hybrid cars, tax experts are warning. THE CANADIAN PRESS AP/David Zalubowski

Luxury tax on Canada’s super-rich could hit green cars: experts

Measure could hit some electric and hybrid vehicles, such as certain Teslas

An unsold 2021 Model X sports-utility vehicle sits at a Tesla dealership Sunday, Jan. 24, 2021, in Littleton, Colo. A tax on yachts, luxury cars and private planes and helicopters, designed to hit super-rich, could also cover some electric and hybrid cars, tax experts are warning. THE CANADIAN PRESS AP/David Zalubowski
B.C.’s current tax has added 20,000 condo units to the rental market (Photo by THE CANADIAN PRESS Jonathan Hayward).

B.C.’s speculation and vacancy tax set to expand to parts of Vancouver Island by 2023

The tax will now be used in North Cowichan, Duncan, Ladysmith, Lake Cowichan, Lions Bay and Squamish

B.C.’s current tax has added 20,000 condo units to the rental market (Photo by THE CANADIAN PRESS Jonathan Hayward).
(AP Photo/David Zalubowski, File)

B.C. new car dealers seek taxation relief

Provincial, pending federal taxes called double-tax for consumers

(AP Photo/David Zalubowski, File)
Motorists in Canada are continuing to face high prices at the pumps. THE CANADIAN PRESS/Graham Hughes

EDITORIAL: Tax cuts won’t fix rising gas prices

Fuel in Canada is heavily taxed, but other factors also affect the cost

  • Jul 7, 2022
Motorists in Canada are continuing to face high prices at the pumps. THE CANADIAN PRESS/Graham Hughes
Canadian dollars (loonies) are pictured in Vancouver, Sept. 22, 2011. A new study says a basic income program would help alleviate poverty in Canada but could also put the fiscal sustainability and labour supply of some provinces at risk.THE CANADIAN PRESS/Jonathan Hayward

Basic income would ease poverty, put sustainability, labour supply at risk: study

Funding such a program would likely require increasing taxes or cutting government spending

Canadian dollars (loonies) are pictured in Vancouver, Sept. 22, 2011. A new study says a basic income program would help alleviate poverty in Canada but could also put the fiscal sustainability and labour supply of some provinces at risk.THE CANADIAN PRESS/Jonathan Hayward
MP Rob Anders comments on being defeated by Ron Liepert during the Calgary Signal Hill federal Conservative nomination, in Calgary on Saturday, April 12, 2014. Anders may not find the welcome mat out as he attempts to make the move from a big-city riding where he lost his nomination to a brand new rural one.THE CANADIAN PRESS/Larry MacDougal

‘Very relieved’: Crown stays tax evasion charges against former Calgary MP Rob Anders

Anders first elected as a Reform MP in 1997 and was a co-founder of the Conservative Party of Canada

MP Rob Anders comments on being defeated by Ron Liepert during the Calgary Signal Hill federal Conservative nomination, in Calgary on Saturday, April 12, 2014. Anders may not find the welcome mat out as he attempts to make the move from a big-city riding where he lost his nomination to a brand new rural one.THE CANADIAN PRESS/Larry MacDougal