a major tax and financial services firm says investors are driving up the value of farmland, preventing young farmers from entering the business. Robert Andjelic said that is bullshit.
Tag Archives taxes
Increasing farmland prices blamed on investors
Firm estimates nine to 15 percent of farmland transactions involve ‘non-farming buyers’; an investor disagrees
Sparks fly over grazing lease market
Alberta producers say they may be at generational crossroads as municipality proposes lease rate policy change
Alberta producers say they may be at generational crossroads as municipality proposes lease rate policy change
Probate planning can help families avoid future problems
Letters probate is an order of the Court of King’s Bench that proves the authority of the executor named in a will to deal with the property of a deceased person.
Navigating capital gains maze
There are ways for producers to shield themselves from increased capital gains inclusion, but it may take some legwork and consultation with an expert to determine eligibility, said a chartered professional accountant from Alberta. Last June, the Canadian government increased the inclusion rate for individuals and corporations. Capital gains increased from 50 per cent to […] Read more
Federal government’s bare trust/tax filing saga continues
I have previously written two articles on the federal government’s folly around new rules on bare trusts. In this third instalment, I bring the readers up to date on the federal government’s latest position on the bare trust tax filings. Related stories: By way of reminder, a bare trust is a trust relationship characterized by […] Read more
Farmers air grievances by taking to the streets
Farmers’ protests across the European Union aim to press leaders for more help with taxes, rising costs, cheap imports and bureaucracy. In most countries, farmers say they are not paid enough, are choked by taxes, red tape and excessive environmental rules and are harmed by cheap food imports. Large amounts of imports from Ukraine, for […] Read more
Pay taxes on time and avoid big non-deductible interest
Most people don’t want to pay the Canada Revenue Agency more than they absolutely have to. CRA interest is a hidden charge that is often forgotten, but completely avoidable. The interest rate has been climbing, along with all other interest rates. It is now nine percent, and worse yet, CRA interest charges are not deductible […] Read more
Alta. gov’t disputes oil tax plan criticism
Alberta’s energy ministry has disputed claims by a rural municipal leader that the government’s plan to ensure oil and gas companies pay their delinquent taxes is flawed. “Remember when we were at RMA (Rural Municipalities of Alberta), everybody heard about when we came back from RMA about the oil companies had to pay their back […] Read more
