Tax advisory
Tax relief for Canadian seniors
The Department of Finance is clearing the way to allow higher-income spouses with pension income to be able to say to their lower-income spouses, "what's yours is yours and what's mine is ours!" Well, maybe not for all of their worldly possessions, but as for paying taxes on pension income, "what's mine is ours" will be a reality for 2007.
Apr 17, 2007