| Subsections 74.1(1) and 74.3(1) of the Income Tax
Act provide that where an individual has transferred or loaned property
(including money) to the individual's spouse or to a trust in which that
spouse is beneficially interested at any time, any income or loss from
the property or property substituted for it is deemed to be the
individual's income or loss for a taxation year. In order to avoid
these attribution rules, interest on the loan must be paid to your
spouse by January 30, calculated at Revenue Canada's prescribed rates.
Tax Breaks for Charitable Donations
General Tax Planning Tips
RESP's
The New Foreign Reporting Requirements
Tax Planning for the Owner/Manager
Loans to a Spouse
Consider Buying Assets Before the End of the Year
Pension Adjustment Reversed (PAR)
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