From going through the immigration process to finding a place to live, to moving all of your possessions, it takes a considerable amount of work and coordination. While you may be focused on your move to a new place, you do need to make sure you notify everyone that you are leaving. This should include the taxman.
Thanks to the federal budget presented by Finance Minister Bill Morneau, we saw not the self-described feminist, environmentalist, progressive Justin T, but the reigning prime minister of austerity and broken promises. Clearly, "sunny ways" for the "middle class" are no longer part of his weather forecast.
The Liberals failed to take any meaningful action on closing tax loopholes or leveling the digital playing field. They failed to deliver, again, on their election promise to end the stock options deduction that gives almost a billion dollars to some of the richest people in Canada. They failed to make the tax system simpler or fairer.
Taxes can be complex and most people don't want to deal with them. But unlike some tax pros that try to imply that you need a super-computer to prepare your return correctly, many people have straightforward returns that can easily be prepared yourself using a free or affordable tax software program.
It is outrageous enough that wealthy clients got off with a slight reprimand. KPMG has, so far, paid no price for their role. The committee let Canadians down by not recommending a full investigation into this case and laying charges against KPMG if the evidence warrants it. And Canadians are right to keep demanding one.
As the founder of Microsoft, there are few people on the planet who have helped to guide technological progression (at least in the realm of computing) as much as Gates over the course of his 42-year career. The thrust of his argument is this: if robots replace human workers whose pay would otherwise be taxed, why then should the labour of the robots not also be subject to taxation?
Thank you for your letter. I have been writing you for a while now and was getting worried you were never going to write back. I'm getting involved in the Conservative leadership race because I can't stand watching incompetent politicians destroy my country. You and Justin Trudeau are two of them. Rachel Notley would be the third.
Unlike the Canadian tax system, the U.S. system is based on both citizenship and residency. It means that even if they leave the country to live elsewhere, U.S. citizens may have tax filing obligations with the IRS. In many cases, U.S. citizens didn't realize they needed to file tax returns after they left the country.
Go on and boycott Nestlé. Here's a handy guide to all their products. But realize that despite Nestlé being a bad corporate citizen and the world's biggest bottler of water, boycotting them will not solve the problem. The issue isn't just bottled water, it's that we allow companies to drain our water table for what amounts to free. It's time to disrupt the entire beverage market's business model, which is to extract an ingredient for basically free and sell it for an absurd amount. We need to charge them a rate for that extraction that serves the public interest.