Remember, this is the government that praised reservists, but decreased the budget dedicated to reservist pay, and shrunk their training budget to finance alternative initiatives like income splitting
--a $2,000 tax break for the wealthiest few.
Rafferty has faulted the Harper government's income splitting
plan for the problem.
5-billion tax break for some families by way of income splitting
Other tax advantages of incorporation can include income splitting
with family members if the regulating body for your profession allows them to be shareholders.
Structure your income to take advantage of income splitting
opportunities: Whether you are retired now or preparing for that day down the road, an effective plan can not only help you build for the future, but potentially benefit your tax situation today.
The benefits of income splitting
enjoyed by most married heterosexual couples via the joint return filing option is not generally available for same-sex partners on their federal returns.
for Two-Parent Families: Who Gains,
is perfectly legal, but you cannot just choose to share the rents.
Dedicated staff provides taxpayers with complete resources, such as an online blog that is made available to everyone, where a wide range of financial and accounting content is covered such as income splitting
and claiming a spouse or child.
In 1948, most significant MPTs were temporarily eliminated with the adoption of full income splitting
for married couples.
Growing numbers of instruments are being enacted to replicate on a smaller scale the effects of income splitting
in specific policy contexts.
7872 undoes the income splitting
by imputing income to the lender, measured by the difference between interest actually charged on the loan and the government's applicable federal rate.