Thursday, December 7th, 2023

Federal Budget 2016 changes tax rule about corporate class mutual funds

2016 Budget measure: Corporate Class Mutual Funds Canadian mutual funds can be in the legal form of a trust or a corporation. While most funds are structured as mutual fund trusts, many are also structured as mutual fund corporations (otherwise known as corporate class mutual funds). Corporate class funds offer investors different types of asset […]

A few of the changes made in the 2016 Federal Budget

September 26, 2016 by  
Filed under Federal Government, Income Tax, Retirement Planning

Budget measure: Corporate Class Mutual Funds This topic is covered extensively in a separate post. Budget measure: Increasing Tax Rates The Federal and Ontario governments have both been raising tax rates at certain levels by adding new, higher tax brackets while sometimes slightly lowering other brackets. This adds to the complexity of tax planning and generally […]