Blog Posts

Freehold Mineral Rights: Canadian Resource Property for Income Tax Purposes

Friday, September 16, 2011 by Stino Scaletta
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A Freehold Mineral Right is Canadian Resource Property for income tax purposes and is not considered capital property; as any gain on the disposition of Canadian Resource Property either on a sale or upon death will be taxed at the 100% inclusion rate.
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The Purification of a Corporation

Tuesday, July 12, 2011 by Stino Scaletta
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Successful businesses that operate in a corporate structure can find situations where excess cash/investments can create adverse tax consequences because the shares of a company may not qualify for the capital gains exemption either on the sale of the shares by the individual or on the death of the shareholder.
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Tips and Traps Regarding Capital Losses

Monday, November 16, 2009 by Kim Drever
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Let’s face it – no one really likes to trigger losses, but the silver lining of triggering a loss is that losses can actually help your tax situation.
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