The worldwide tax system—formed by the League of Nations in April 1923—has come underneath intense strain in recent times. Globalization, digitalization, and tax competitors have made it more and more exhausting for international locations to lift income from multinational firms in an efficient, honest, and environment friendly method. Following a decade of debate, 138 international locations…
With a property tax hike already authorised for 2023, metropolis council will talk about on Tuesday whether or not to boost that determine a bit larger. Administration has put three eventualities earlier than metropolis council because the politicians sort out the thorny challenge of how a lot tax income it ought to generate from non-residential…
Halifax’s new industrial tax system will shift the burden to enterprise parks so big-box shops pay extra, nevertheless it’s attainable small companies will get caught up within the change. Throughout a finances committee assembly Wednesday, metropolis workers gave council an replace on what the brand new zone-based tax system with tiered charges might imply for this fiscal 12…
Editor’s observe: An earlier model of this story incorrectly said the variety of multigenerational households in Canada as of 2021. The proper quantity is almost 442,000 and has been up to date. World Information regrets this error. A renovation tax credit score geared toward boosting the variety of multigenerational houses in Canada is estimated to…