Tax Guide for Investment Advisors is an indispensable resource on relevant tax information, written especially for Canadian investment advisors. The text is clear and comprehensive; is supplemented by numerous examples and illustrations; and provides in-depth coverage of the tax topics that are critical to advising clients effectively.
The 2017 edition reflects the provisions of the 2016 federal budget including amendments affecting personal tax rates, the mineral exploration tax credit, RRSPs, RESPs, and the kiddie tax.
Logically organized and fully indexed, Tax Guide for Investment Advisors provides essential information on demand.
The 2017 edition is current with legislation to October 31, 2016. Numerous other enhancements and clarifications have been made throughout the book in an ongoing effort to augment its usefulness.
Part I - Tax Planning
Introduces an overview of relevant tax planning concepts and provides a comprehensive tax planning checklist that is cross-referenced to the text, opening another window on the in-depth commentary.
Part II - Investment Instruments
Provides extensive coverage of the tax attributes of various types of investments, including shares, debt, options, commodities, mutual funds, labour funds, limited partnerships and tax shelters.
Part III - Investment Income
Covers the tax treatment of the various forms of investment income, including interest, dividends, capital gains and foreign-source income. Part III also addresses the deductibility of investment expenses and the restrictions that apply.
Part IV - Special Investors
Explores the unique tax considerations that apply to special investors such as investment holding corporations, estates & trusts, non-residents and Canadians with US connections.
Part V - Investing Strategies
Provides in-depth tax analysis of special topics of vital interest, such as income-splitting, investing with borrowed funds and hedging.
Part VI - Registered Plans
Provides comprehensive coverage of the intricate tax rules that apply to RRSPs, RRIFs, RESPs, DPSPs and TFSAs. Appendix B contains an exhaustive list of qualified investments for registered plans.