Changes in the tax on split income

Our tax expert who works for the DT Professional Suite has prepared a document on the tax on split income, which is effective as of January 1, 2018.

We suggest you consult the following link that answers some questions about the tax for split income

https://www.thomsonreuters.ca/en/dtprofessionalsuite/blog/tax-on-split-income-changes.html

 

You could also view the link proposed by the CRA;

https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/federal-government-budgets/income-sprinkling/guidance-split-income-rules-adults.html

ID: 20201105103225NA.xml

Webpage: KPA310-20201105103225NA.htm

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