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Partnership Year-Ends – Tax Changes

by cpiwebdesign | Aug 24, 2012 | Accounting & Assurance, Business Advisory, Taxation

W hat are the tax implications of a member of a corporate partnership having a fiscal yearend different from that of the partnership? The latest federal budget provides a new answer to that question. Previously, partnerships owned by corporations could defer taxes on...

Donations of Flow-Through Shares

by cpiwebdesign | Aug 15, 2012 | Accounting & Assurance, Business Advisory, Taxation

Registered charities may receive fewer donations when proposed changes introduced in the March 22, 2011 federal budget come into effect. These proposals, which are now in draft legislation, aim to reduce the tax benefits of donating publicly traded flow-through shares...
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