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British Columbia Introduces the Flipping Tax—What is it and Why Should You be Aware?

The B.C. government announced in its 2024 budget a plan to introduce a tax the Flipping Tax on income earned from the sale of a property within 730 days of acquisition. The Flipping Tax, subject to legislative approval, will be imposed under the Residential Property Short-Term Holding Profit Tax Act scheduled to take effect January 1, 2025.1 The B.C. government estimates that the Flipping Tax will generate $43M of tax revenue in its first year.2 ....

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Fish Fry for Haiti: Annual event helps support school in remote mountain village - American Press

Fish Fry for Haiti: Annual event helps support school in remote mountain village - American Press
americanpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanpress.com Daily Mail and Mail on Sunday newspapers.

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Bitty & Beau's Athens celebrates its second anniversary | Eat & Drink

Bitty & Beau’s Coffee celebrated the second anniversary of its Athens location on Sept. 11, 2023, with a competition that both customers and employees participated in. ....

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Beyond Succession: Tax Strategies for Business Succession Planning

Beyond Succession: Tax Strategies for Business Succession Planning
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Bennett Jones , Leah Tolton , Jay Winters , Beyond Succession , Bennett Jones Business Law Talks ,

The Alternative Minimum Tax Goes Mainstream

The 2023 Budget proposes material changes to the alternative minimum tax AMT regime which, as discussed below, could result in significant increases to taxes on capital gains i.e.,5-6 percentage points. Although practitioners have been half-expecting a capital gains inclusion rate increase since 2016 which has not come to be, this is the practical effect of the AMT amendments for larger capital gains. ....

Stephen Bowman , Written By Stephen Bowman , Jay Winters , Federal Tax Bracket , Gains Case Study , Overall Capital Gains Tax , Bennett Jones Tax , Max Gains , Capital Gains Tax , Budget 2023 , Lternative Minimum Tax Regime ,