"Tax" Posts
Tax and More Taxes on Real Estate
By Lawrence
Vancouver Canada has chosen to tax houses that are deemed vacant. London Britain has chosen to increase tax on foreigners who purchased properties there. Ontario Canada chose to increase minimum down payment percent for more expensive houses. There are more such taxes and constraints introduced around the world. Many people think that these are such […]
Robert Palmer: The Panama Papers Exposed a Huge Global Problem
By Lawrence
A good video on why the Panama Papers is so important. Understand that it is a global problem affecting everyone is just the start. For example, tax evasion at the top means structural disadvantage to normal people who earn salary based income for which they are taxed more than their fair share. Until we see […]
End of Canadian Tax Season and Trading Income
By Lawrence
This year Canada Revenue Agency (CRA) has set the deadline for tax return filing on May 2nd instead of the normal deadline on April 30th. The extension is given because April 30th is a Saturday this year. Many Canadians are now making their final effort to complete their tax returns this weekend to avoid penalties. […]
