October 31, 2013
Canadian Halloween Tax Massacre
On October 31st, 2006, the Canadian government announced that it would begin taxing income trusts like corporations in 2011. The media dubbed the move a “Halloween Massacre” due to the sharp loss in value that the sector experienced in the days following the announcement. The longer-term results have been less ghoulish.
As we approach the seventh anniversary of the Canadian Halloween tax massacre, please enjoy the haunting October Edition of Tax Tidbits