Articles sur Income tax

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About 1 in 20 taxpayers may fill out this part of their returns beginning with the 2018 tax year. Sean Locke Photography/Shutterstock.com

Charity and taxes: 4 questions answered

The lost incentives to give are likely to make a bigger difference than the small uptick in economic growth expected from the new law.
Malcolm Turnbull has moved to hold out the prospect of tax relief for individuals. Daniel Munoz/AAP

Income tax relief on Turnbull’s agenda

Malcolm Turnbull has raised the prospect of personal income tax relief to help middle-income earners.
Finance Minister Bill Morneau is not the first Canadian politician to hold the job who’s been confronted with outrage over tax reform proposals. But it’s time to listen to people who get riled up about tax increases. THE CANADIAN PRESS/Andrew Vaughan

Why we should listen to people angry about their taxes

Outrage over tax reform is nothing new. But if we can't be calm about tax, we can at least learn from the stories spoken in anger.
Treasury Secretary Steven Mnuchin offers details of his boss’ proposed tax cut. ‘It’s big.’ Carolyn Kaster/AP Photo

Would Trump’s tax cut be the biggest ever? Fat chance

The bar for achieving that lofty goal was set almost 150 years ago when Congress cut taxes from as high as 10 percent to zero over two years.
Mark Zuckerberg and Priscilla Chan are giving billions to charity through their donor-advised fund instead of a traditional foundation. Jeff Chiu/AP Photo

Donor-advised funds: Charities with benefits

As these tax-exempt vehicles transform philanthropy, they’re drawing more scrutiny. Will Congress or the Trump administration tinker with the rules that encouraged their rapid growth?

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