Earning one per cent on your money seems like a measly return. But earning one per cent on funds you loaned to family members—forever—that’s good news.
This article considers an income   Read More

Gift-giving season is nigh. But the tax department’s attribution rules complicate the matter of giving securities to your children and grandchildren.

Always keep things in perspective when you tax plan. Once   Read More

The tax department’s attribution rules complicate the matter of giving securities to your children and grandchildren.
Keep things in perspective when you tax plan. Once you start agonizing over every dollar   Read More

Toronto tax lawyer Samantha Prasad warns that all is not fair in love and taxes. The CRA may not have the same misty-eyed view of sharing as you and your   Read More

Toronto tax lawyer Samantha Prasad warns that all is not fair in love and taxes. The CRA may not have the same misty-eyed view of sharing as you and your   Read More

Why can’t you have your cake and eat it too? Tax lawyer Samantha Prasad offers suggestions for conservative, cash-conscious investors to minimize the tax-man’s slice.
For those conservative investors out there,   Read More

Family trusts are becoming increasingly common and are now the norm for many families—even those without yachts! Tax lawyer Samantha Prasad, a contributing editor to The TaxLetter, describes how a   Read More

There are many reasons to liquidate your investments. But before seeking the safety of cash and low-risk income investments, you must consider the potential tax implications. Toronto-based Minden Gross tax   Read More

Being too generous to your family can hurt. Samantha Prasad, a tax partner with the Toronto-based law firm Minden Gross LLP, outlines the benefits and potential traps in any tax   Read More