Tag Archives for efficiency
Income trust foreign takeovers may be a good thing
There’s been a lot of activity lately on the income trust front. Foreign firms are making bids left and right to acquire the Canadian entities, in the wake of the 31.5% trust tax introduced by the Conservative government. Jack Mintz, … Continue reading
The case for digitized perm files
Having lugged around three thick files representing the full permanent file for an audit client for the past few weeks, I’ve come to the conclusion that my firm needs to consider digitizing these things. Perm files for accountants consist of … Continue reading
Always have exact change
This struck me as sort of interesting, possibly useful, and probably a little compulsive. One blogger’s way of slowly using change is to carry the optimal number of each denomination of coin in his pocket. Everyone has coins they want … Continue reading
Simpler corporate income tax filing requirements
An agreement reached between the Canadian Federal government and the provincial Ontario government will simplify corporate taxes by 2009. The Ontario tax return, known as the CT23, will be amalgamated with the Federal return. Ontario Finance Minister Greg Sorbara had … Continue reading
Bank of Canada chief pushes smarter provincial sales tax
David Dodge, the governor of the Bank of Canada and the current architect of our monetary policy, suggested the province of Ontario should revamp the provincial sales tax (PST) to more closely resemble the value-added federal GST in a rare … Continue reading