ARTICLE · 11 JANUARY 2018

Tax Views: Complex, Uncertain Split Income Rules Not A Good Start To 2018

KPK Law LLP

Explore more from KPK Law LLP

The release of the revised rules while scaled back still present many challenges to taxpayers.

CanadaTax

Vern Krishna

Author LinkedIn connections

Tax on Split Income Rules

Vern Krishna of TaxChambers LLP explains why the new Tax on Split Income Rules or "TOSI" rules are not a good start to 2018 for taxpayers in his featured article for The Lawyer's Daily. The release of the revised rules while scaled back still present many challenges to taxpayers. Below is an excerpt of the articles on Split Income Rules as featured in The Lawyer's Daily:

To view the article please click here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Related Articles

Bare Trust Tax In Canada: Beneficiary Changes, Trustee Changes And Death Dispositions

Rotfleisch & Samulovitch P.C.

What An Israeli Actor’s Tax Evasion Sentence Reveals About Canada’s Tougher Tax Evasion Laws

Rotfleisch & Samulovitch P.C.

Bare Trusts Tax Consequences: Canadian Tax Lawyer Guidance

Rotfleisch & Samulovitch P.C.

Canada Proposes New Productivity Mega Deduction

Borden Ladner Gervais LLP

Who Can Deduct Legal Fees For A Tax Dispute In Canada? Lessons From Kruivitsky v. The King

Read more about

Tax
- Income Tax

Related Comparative Guides

Comparative Guide

Tax

Comparative Guide

Tax Disputes

See more popular content from

Tax

Understanding Canada’s new "Productivity Mega Deduction": Broad-based, immediate, and permanent expensing

Canada's new Productivity Mega Deduction promises to slash the marginal effective tax rate on business investment to just 6.4%, positioning the country as the most competitive G7 nation for capital deployment. This permanent tax incentive extends immediate expensing to roughly 65% of capital assets, fundamentally reshaping the economics of investing in Canadian operations across manufacturing, energy, technology, and resource sectors.

CRA Releases Updated CRS Guidance: CRS 2.0 And Other Matters

On July 2, 2026, the Canada Revenue Agency (CRA) published its updated Guidance on the Common Reporting Standard (Updated CRS Guidance).

Borden Ladner Gervais LLP

CRA Uses ‘Alternative Methods’ For GST/HST Audits, Including Estimating Business Revenue, Reconstructing Missing Receipts

When the Canada Revenue Agency (CRA) concludes that a GST/HST registrant’s books and records do not provide a complete or reliable picture of its taxable sales, it may reconstruct those sales using an alternative or indirect audit method.

Rotfleisch & Samulovitch P.C.

The GST/HST New Housing Rebate: A Complete Guide To Eligibility, Amounts, And How To Avoid Case Law Traps

The GST/HST New Housing Rebate lets a purchaser recover part of the GST/HST paid on a newly built or substantially renovated home used as a primary residence.

Rotfleisch & Samulovitch P.C.

Canada Announces Productivity Mega Deduction

Canada's federal government has introduced the Productivity Mega Deduction, a groundbreaking tax measure offering immediate expensing for approximately two-thirds of capital asset investments. This initiative aims to reduce Canada's marginal effective tax rate on new business investments to 6.4%, positioning it as the most competitive among G7 nations. The measure extends to Canadian Development Expenses in the energy and mining sectors, potentially transforming the economics of major capital-intensive proj

Blake, Cassels & Graydon LLP

From Super To Mega: Canada Proposes New "Productivity Mega Deduction" To Spur Investment

Canada has introduced the Productivity Mega Deduction, a permanent tax incentive allowing immediate expensing for most depreciable property and Canadian development expenses. How will this policy shift Canada's competitive position for business investment, and what strategic considerations should taxpayers evaluate when claiming these enhanced deductions?

Bennett Jones LLP

Canadian Prime Minister Announces ‘Productivity Mega Deduction’

Canada's new Productivity Mega Deduction permanently provides immediate expensing for a wide range of depreciable property and Canadian development expenses, dramatically expanding the scope beyond the previously announced Productivity Super Deduction. The measure aims to reduce Canada's marginal effective tax rate on new business investment to 6.4%, positioning it as the lowest among major economies and less than half the U.S. rate.

Osler, Hoskin & Harcourt LLP

Tax Changes Expected Under The New Liberal Government

Whenever there is a change in government, it is usually accompanied by changes to tax measures. This article will summarize the key tax initiatives we may see in the near future as a result of the new Liberal majority government in Canada.

Crowe Soberman LLP

Canada’s Productivity Mega Deduction: Big Name, Big Opportunities For Business Aviation

Canada's proposed Productivity Mega Deduction would allow businesses to immediately write off the full cost of newly acquired capital assets, including aircraft and flight simulators, rather than spreading deductions over multiple years. This permanent change to the capital cost allowance regime could significantly benefit the business aviation industry, though taxpayers must carefully consider timing, income requirements, and documentation to maximize the deduction's value.

Tax Consequences Of A Salary Deferral Arrangement (SDA) In Canada: How It Works, Plus Exceptions

A salary deferral arrangement is an anti-avoidance rule in Canadian tax law, designed to prevent employees from deferring tax on income that has already been earned.

Rotfleisch & Samulovitch P.C.