Take advantage of current and favourable CRA rules to fund capital gains tax liabilities. It has been a long time since major changes were made to life insurance legislation in Canada that negatively impact your ability to fund capital gains tax. That’s all about to change with the introduction of new exempt test rules for life insurance […]
Category Archives: Tax-Saving Solutions
Income Tax Rules, Life Insurance, Tax-Saving Solutions
Time Frame Shortens on Life Insurance Tax Saving Opportunity.
29
Jun
Jun
Get your application in before October 1, 2016 insurer warns. Last week, Industrial Alliance announced that any life insurance application submitted after October 1, 2016 would be based on their new 2017 product. This news is not unexpected. With the introduction of less favourable tax rules for certain life insurance products coming into effect January 1, 2017, […]
Income Tax Rules, Life Insurance, Tax-Saving Solutions
The Advisor’s Guide to the New Life Insurance Tax Changes
13
Jan
Jan
Maximize your client’s tax benefits before the January 1, 2017 life insurance tax changes. It has been a long time since there have been major life insurance tax changes in Canada. That’s all about to change with the introduction of new exempt test rules for life insurance policies. The new legislation reflects current mortality rates, new insurance […]
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